FIRST RENT A CAR DENMARK DB ApS — Credit Rating and Financial Key Figures

CVR number: 31851521
Vandtårnsvej 62, 2860 Søborg

Company information

Official name
FIRST RENT A CAR DENMARK DB ApS
Established
2008
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 900.002 280.003 943.00197.00-4.00
EBIT-3 984.002 280.003 943.00197.00-4.00
Net earnings-3 700.001 994.003 046.00144.00557.00
Shareholders equity total-1 994.003 046.003 190.003 747.00
Balance sheet total (assets)1 839.003 713.004 420.003 290.003 780.00
Net debt3 077.00619.00-1 719.00-37.00
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)-3 854.752 097.013 162.3987.49- 161.28
Solvency
Equity ratio-52.0 %68.9 %97.0 %99.1 %
Gearing-159.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.51.03.232.9114.5
Current ratio0.51.03.232.9114.5
Cash and cash equivalents108.001 742.001 719.0037.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:3.62%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.1%
Rating: 87/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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