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 -4 kDKK in 2023. The operating profit was -4 kDKK, while net earnings were 557 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.6 %, which can be considered weak but Return on Equity (ROE) was 16.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.1 %, 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 114.5 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 900.00 | 2 280.00 | 3 943.00 | 197.00 | -4.00 |
EBIT | -3 984.00 | 2 280.00 | 3 943.00 | 197.00 | -4.00 |
Net earnings | -3 700.00 | 1 994.00 | 3 046.00 | 144.00 | 557.00 |
Shareholders equity total | -1 994.00 | 3 046.00 | 3 190.00 | 3 747.00 | |
Balance sheet total (assets) | 1 839.00 | 3 713.00 | 4 420.00 | 3 290.00 | 3 780.00 |
Net debt | 3 077.00 | 619.00 | -1 719.00 | -37.00 | |
Profitability | |||||
EBIT-% | |||||
ROA | -61.8 % | 60.8 % | 97.0 % | 5.1 % | 3.6 % |
ROE | -208.7 % | 71.8 % | 90.1 % | 4.6 % | 16.1 % |
ROI | -117.2 % | 81.2 % | 145.8 % | 6.3 % | 3.7 % |
Economic value added (EVA) | -3 854.75 | 2 097.01 | 3 162.39 | 87.49 | - 161.28 |
Solvency | |||||
Equity ratio | -52.0 % | 68.9 % | 97.0 % | 99.1 % | |
Gearing | -159.7 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 1.0 | 3.2 | 32.9 | 114.5 |
Current ratio | 0.5 | 1.0 | 3.2 | 32.9 | 114.5 |
Cash and cash equivalents | 108.00 | 1 742.00 | 1 719.00 | 37.00 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | BB | B | BB |
Variable visualization
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