Annual General Meeting Of The LeaseForce AG With Year-end 2009 Very Satisfied
At the annual general meeting on February 10, 2010, the LeaseForce AG presented its financial statements for the year 2009. The Munich-based leasing company was able to continue its growth in a very difficult market environment marked by the financial crisis. The economic conditions were anything but cheap last year for the leasing industry in Germany. So the investment financed through leasing for the first time in the history of real estate leasing in the Federal Republic declined significantly. The independent leasing companies have been hit by this fall even harder than the banks or manufacturer-dependent companies. AG succeeded in LeaseForce despite these economic adversities, to increase both sales and total assets significantly compared with 2008. As the asset value and business equity, which are among the key indicators of the performance of a leasing company could, further improved compared to 2008 will be a result in the times the financial crisis must be rated highly. Chartered Accountants turned out hassle-free switching accounting for Bank standard, which now apply the leasing business has, as well as the rapid implementation of […]