eCAR Leasing ApS — Credit Rating and Financial Key Figures

CVR number: 37815284
Messingvej 1 A, 8940 Randers SV
ecarleasing@ecar.dk
tel: 60606496

Credit rating

Company information

Official name
eCAR Leasing ApS
Established
2016
Company form
Private limited company
Industry

About eCAR Leasing ApS

eCAR Leasing ApS (CVR number: 37815284) is a company from RANDERS. The company recorded a gross profit of 733.4 kDKK in 2023. The operating profit was 605 kDKK, while net earnings were 340.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.7 %, which can be considered excellent and Return on Equity (ROE) was 34.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 28.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. eCAR Leasing ApS'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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit483.67574.64711.85593.58733.39
EBIT164.80150.92394.66433.18605.05
Net earnings131.6879.17260.39212.44340.46
Shareholders equity total252.49331.66592.05804.491 144.95
Balance sheet total (assets)1 287.152 539.772 562.893 321.874 116.33
Net debt667.251 787.481 555.471 904.471 893.64
Profitability
EBIT-%
ROA17.2 %7.9 %15.5 %14.7 %16.7 %
ROE32.9 %27.1 %56.4 %30.4 %34.9 %
ROI23.7 %9.9 %18.1 %16.9 %20.3 %
Economic value added (EVA)172.67115.03291.12308.13431.51
Solvency
Equity ratio19.7 %13.1 %23.1 %24.2 %28.4 %
Gearing264.3 %539.0 %262.7 %236.7 %165.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.10.60.4
Current ratio0.10.10.10.60.4
Cash and cash equivalents3.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:16.7%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:28.4%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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