BestLease ApS — Credit Rating and Financial Key Figures

CVR number: 39247054
Præstegårdsvej 20, Søften 8382 Hinnerup
bestlease.dk@gmail.com

Company information

Official name
BestLease ApS
Established
2018
Domicile
Søften
Company form
Private limited company
Industry

About BestLease ApS

BestLease ApS (CVR number: 39247054) is a company from FAVRSKOV. The company recorded a gross profit of 332 kDKK in 2023. The operating profit was 329 kDKK, while net earnings were 144.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.8 %, which can be considered decent but Return on Equity (ROE) was 36.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 10 %, 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. BestLease ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit50.70144.38218.00235.14332.04
EBIT50.70144.38218.00231.67329.01
Net earnings19.0255.1691.3794.87144.48
Shareholders equity total78.29133.45224.81319.68464.17
Balance sheet total (assets)1 971.242 997.113 442.703 790.984 630.27
Net debt874.751 811.782 257.661 928.863 429.84
Profitability
EBIT-%
ROA4.0 %5.8 %6.8 %6.4 %7.8 %
ROE27.6 %52.1 %51.0 %34.8 %36.9 %
ROI5.6 %8.2 %9.0 %8.3 %9.5 %
Economic value added (EVA)38.14128.17167.63176.97267.38
Solvency
Equity ratio4.0 %4.5 %6.5 %8.4 %10.0 %
Gearing1707.3 %1485.1 %1102.6 %806.4 %769.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.11.11.11.1
Current ratio1.01.11.11.11.1
Cash and cash equivalents461.87169.99221.09649.04139.64
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:7.81%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:10.0%
Rating: 10/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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