Avis Budget Leasing Denmark A/S — Credit Rating and Financial Key Figures

Avis Budget Leasing Denmark A/S (CVR number: 39484145) is a company from ALBERTSLUND. The company reported a net sales of 67.3 mDKK in 2023, demonstrating a growth of 22.7 % compared to the previous year. The operating profit percentage was at 30.6 % (EBIT: 20.6 mDKK), while net earnings were 1011 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.8 %, which can be considered good but Return on Equity (ROE) was 0.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -0.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Avis Budget Leasing Denmark A/S'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.