CITA LEASING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About CITA LEASING ApS
CITA LEASING ApS (CVR number: 35806962) is a company from HOLSTEBRO. The company recorded a gross profit of 184 kDKK in 2024. The operating profit was -184.4 kDKK, while net earnings were -292 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.2 %, which can be considered poor and Return on Equity (ROE) was -11.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -37.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. CITA LEASING ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -38.81 | -38.10 | -10.33 | 148.87 | 183.97 |
EBIT | - 113.54 | - 182.29 | - 160.29 | -78.46 | - 184.40 |
Net earnings | - 195.84 | - 166.66 | - 213.88 | - 211.45 | - 292.01 |
Shareholders equity total | - 589.30 | - 755.96 | - 969.84 | -1 181.29 | -1 473.30 |
Balance sheet total (assets) | 1 666.11 | 2 285.89 | 2 530.68 | 2 575.17 | 2 450.00 |
Net debt | 1 894.62 | 2 614.46 | 2 662.98 | 3 196.37 | 3 337.07 |
Profitability | |||||
EBIT-% | |||||
ROA | -3.8 % | -6.3 % | -3.8 % | -0.9 % | -3.2 % |
ROE | -7.9 % | -8.4 % | -8.9 % | -8.3 % | -11.6 % |
ROI | -4.0 % | -6.5 % | -4.0 % | -0.9 % | -3.3 % |
Economic value added (EVA) | - 242.56 | - 224.64 | - 234.40 | - 184.32 | - 270.24 |
Solvency | |||||
Equity ratio | -26.1 % | -24.9 % | -27.7 % | -31.4 % | -37.6 % |
Gearing | -378.4 % | -387.9 % | -352.6 % | -313.0 % | -252.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.4 | 0.6 | 0.5 | 0.5 |
Current ratio | 0.5 | 0.4 | 0.6 | 0.5 | 0.5 |
Cash and cash equivalents | 335.49 | 317.87 | 756.99 | 500.60 | 383.25 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | BB |
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