FIRST RENT A CAR DENMARK DB ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FIRST RENT A CAR DENMARK DB ApS
FIRST RENT A CAR DENMARK DB ApS (CVR number: 31851521) is a company from GLADSAXE. The company recorded a gross profit of -532 kDKK in 2024. The operating profit was -532 kDKK, while net earnings were 71 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.2 %, which can be considered poor but Return on Equity (ROE) was 1.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 98.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FIRST RENT A CAR DENMARK DB ApS's liquidity measured by quick ratio was 64.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 280.00 | 3 943.00 | 197.00 | -4.00 | - 532.00 |
EBIT | 2 280.00 | 3 943.00 | 197.00 | -4.00 | - 532.00 |
Net earnings | 1 994.00 | 3 046.00 | 144.00 | 557.00 | 71.00 |
Shareholders equity total | 3 046.00 | 3 190.00 | 3 747.00 | 3 818.00 | |
Balance sheet total (assets) | 3 713.00 | 4 420.00 | 3 290.00 | 3 780.00 | 3 878.00 |
Net debt | 619.00 | -1 719.00 | -37.00 | - 360.00 | |
Profitability | |||||
EBIT-% | |||||
ROA | 60.8 % | 97.0 % | 5.1 % | 3.6 % | -10.2 % |
ROE | 71.8 % | 90.1 % | 4.6 % | 16.1 % | 1.9 % |
ROI | 81.2 % | 145.8 % | 6.3 % | 3.7 % | -10.3 % |
Economic value added (EVA) | 1 926.46 | 2 956.21 | 1.11 | - 163.14 | - 566.01 |
Solvency | |||||
Equity ratio | 68.9 % | 97.0 % | 99.1 % | 98.5 % | |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 3.2 | 32.9 | 114.5 | 64.6 |
Current ratio | 1.0 | 3.2 | 32.9 | 114.5 | 64.6 |
Cash and cash equivalents | 1 742.00 | 1 719.00 | 37.00 | 360.00 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BB | BB | B |
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