MASSIVE LEASING ApS — Credit Rating and Financial Key Figures

CVR number: 36427906
Bülowsgade 68, 8000 Aarhus C
katja.ellmies@kiloo.com

Company information

Official name
MASSIVE LEASING ApS
Established
2014
Company form
Private limited company
Industry

About MASSIVE LEASING ApS

MASSIVE LEASING ApS (CVR number: 36427906) is a company from AARHUS. The company recorded a gross profit of -713.4 kDKK in 2024. The operating profit was -713.4 kDKK, while net earnings were -917.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.9 %, which can be considered poor and Return on Equity (ROE) was -57.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 17.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. MASSIVE LEASING ApS's liquidity measured by quick ratio was 0 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit253.10358.03- 482.82- 752.40- 713.40
EBIT-64.7197.96- 482.82- 752.40- 713.40
Net earnings- 333.93- 137.66- 718.26- 756.10- 917.76
Shareholders equity total1 676.643 538.982 820.722 064.621 146.86
Balance sheet total (assets)13 691.4512 876.9010 671.658 020.636 420.70
Net debt11 684.959 124.767 756.825 904.035 231.04
Profitability
EBIT-%
ROA-0.5 %0.7 %-4.1 %-8.0 %-9.9 %
ROE-18.1 %-5.3 %-22.6 %-31.0 %-57.2 %
ROI-0.5 %0.7 %-4.1 %-8.1 %-9.9 %
Economic value added (EVA)- 685.24- 614.26-1 124.65-1 130.76-1 025.50
Solvency
Equity ratio12.2 %27.5 %26.4 %25.7 %17.9 %
Gearing705.4 %260.9 %276.2 %286.1 %456.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.00.00.0
Current ratio0.10.11.41.31.2
Cash and cash equivalents141.67109.0532.963.068.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-9.88%
Rating: 10/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:17.9%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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