Fortius Leasing A/S — Credit Rating and Financial Key Figures

CVR number: 37444804
Philip Heymans Alle 3, 2900 Hellerup
tvissing@basico.dk
tel: 53511126

Company information

Official name
Fortius Leasing A/S
Personnel
1 person
Established
2016
Company form
Limited company
Industry

About Fortius Leasing A/S

Fortius Leasing A/S (CVR number: 37444804) is a company from GENTOFTE. The company recorded a gross profit of 899.1 kDKK in 2022. The operating profit was 160.5 kDKK, while net earnings were -16.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak but Return on Equity (ROE) was -0.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 62.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Fortius Leasing A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit1 001.001 220.951 545.621 521.15899.10
EBIT367.36282.62506.06626.53160.46
Net earnings- 122.51- 196.65263.78334.43-16.52
Shareholders equity total- 649.11- 845.768 418.028 352.457 985.93
Balance sheet total (assets)12 122.4213 775.0617 726.9117 614.7112 898.94
Net debt10 359.4612 853.286 822.047 072.283 006.16
Profitability
EBIT-%
ROA3.2 %2.1 %3.1 %3.5 %1.1 %
ROE-1.1 %-1.5 %2.4 %4.0 %-0.2 %
ROI3.9 %2.4 %3.6 %4.1 %1.3 %
Economic value added (EVA)314.89299.02437.3259.98- 304.58
Solvency
Equity ratio32.7 %46.3 %47.5 %47.9 %62.3 %
Gearing-1597.0 %-1520.5 %81.0 %84.7 %37.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.30.20.30.4
Current ratio0.30.40.40.30.6
Cash and cash equivalents6.876.870.630.630.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:1.10%
Rating: 26/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.3%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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