Equipment Finance A/S — Credit Rating and Financial Key Figures

CVR number: 44685663
Niels Juelsvej 6, 9850 Hirtshals

Credit rating

Company information

Official name
Equipment Finance A/S
Established
2024
Company form
Limited company
Industry

About Equipment Finance A/S

Equipment Finance A/S (CVR number: 44685663) is a company from HJØRRING. The company recorded a gross profit of 210.2 kDKK in 2024. The operating profit was 20.4 kDKK, while net earnings were -30.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.4 %, which can be considered weak but Return on Equity (ROE) was -8.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 22.8 %, 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. Equipment Finance 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2024
Volume
Net sales
Gross profit210.17
EBIT20.36
Net earnings-30.76
Shareholders equity total369.24
Balance sheet total (assets)1 618.10
Net debt814.86
Profitability
EBIT-%
ROA1.4 %
ROE-8.3 %
ROI1.4 %
Economic value added (EVA)14.46
Solvency
Equity ratio22.8 %
Gearing331.7 %
Relative net indebtedness %
Liquidity
Quick ratio
Current ratio
Cash and cash equivalents409.94
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBB

Variable visualization

ROA:1.39%
Rating: 27/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.8%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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