Europcar Mobility Group Denmark A/S — Credit Rating and Financial Key Figures

CVR number: 19986292
Jens Baggesens Vej 90 N, 8200 Aarhus N
europcar@europcar.dk
tel: 89331100
europcar.dk

Credit rating

Company information

Official name
Europcar Mobility Group Denmark A/S
Personnel
308 persons
Established
1997
Company form
Limited company
Industry
  • Expand more icon77Rental and leasing activities

About Europcar Mobility Group Denmark A/S

Europcar Mobility Group Denmark A/S (CVR number: 19986292) is a company from AARHUS. The company reported a net sales of 559.7 mDKK in 2023, demonstrating a decline of -8 % compared to the previous year. The operating profit percentage was at 5.4 % (EBIT: 30.2 mDKK), while net earnings were 20 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.5 %, which can be considered decent but Return on Equity (ROE) was 10.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 34.4 %, 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. Europcar Mobility Group Denmark A/S's liquidity measured by quick ratio was 2.5 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales493.99381.24466.96608.01559.66
Gross profit493.99381.24466.96237.66179.87
EBIT493.99381.24466.9695.4630.16
Net earnings14.280.8030.9570.6120.03
Shareholders equity total141.27171.87169.93210.74180.76
Balance sheet total (assets)534.33396.59434.57553.87525.82
Net debt104.86151.11
Profitability
EBIT-%100.0 %100.0 %100.0 %15.7 %5.4 %
ROA92.2 %81.9 %112.4 %19.6 %6.5 %
ROE9.6 %0.5 %18.1 %37.1 %10.2 %
ROI101.3 %81.9 %112.4 %22.3 %8.0 %
Economic value added (EVA)478.28374.14458.3365.949.59
Solvency
Equity ratio100.0 %100.0 %100.0 %38.0 %34.4 %
Gearing60.8 %101.7 %
Relative net indebtedness %38.3 %42.3 %
Liquidity
Quick ratio1.22.5
Current ratio1.22.6
Cash and cash equivalents23.3332.75
Capital use efficiency
Trade debtors turnover (days)39.331.1
Net working capital %6.1 %23.9 %
Credit risk
Credit ratingBBBBBBBBBAAAAAA

Variable visualization

ROA:6.51%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:34.4%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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