ZING HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 35056432
På Bjerget 26, 2400 København NV
crossroadfonden@mail.dk
tel: 40510033

Company information

Official name
ZING HOLDING ApS
Established
2013
Company form
Private limited company
Industry

About ZING HOLDING ApS

ZING HOLDING ApS (CVR number: 35056432) is a company from KØBENHAVN. The company recorded a gross profit of -12.5 kDKK in 2024. The operating profit was -12.5 kDKK, while net earnings were 1890.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 48.1 %, which can be considered excellent and Return on Equity (ROE) was 116.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.5 %, 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. ZING HOLDING ApS's liquidity measured by quick ratio was 0.2 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-16.25-13.92-14.33-12.54-12.50
EBIT-16.36-13.92-14.33-12.54-12.50
Net earnings-17.60- 342.33-1 106.83367.921 890.28
Shareholders equity total1 764.021 421.69314.87682.782 573.07
Balance sheet total (assets)1 777.141 434.69329.962 045.786 675.36
Net debt-1 353.62-12.12-51.80-17.48- 810.87
Profitability
EBIT-%
ROA-0.9 %-0.9 %-0.2 %31.0 %48.1 %
ROE-1.0 %-21.5 %-127.5 %73.8 %116.1 %
ROI-0.9 %-0.9 %-0.2 %73.8 %128.8 %
Economic value added (EVA)-52.96-5.60-56.22-25.76-44.71
Solvency
Equity ratio99.3 %99.1 %95.4 %33.4 %38.5 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio135.528.23.70.00.2
Current ratio135.528.23.70.00.2
Cash and cash equivalents1 353.6212.1251.8017.48810.87
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBAA

Variable visualization

ROA:48.1%
Rating: 93/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.5%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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