Zonic Music ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Zonic Music ApS
Zonic Music ApS (CVR number: 25219554) is a company from BALLERUP. The company recorded a gross profit of 772.5 kDKK in 2024. The operating profit was -71.8 kDKK, while net earnings were -64.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15 %, which can be considered poor and Return on Equity (ROE) was -19.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 61.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Zonic Music ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 70.35 | 314.53 | 398.38 | 570.39 | 772.46 |
EBIT | 18.14 | 55.20 | 132.76 | -23.04 | -71.80 |
Net earnings | 12.96 | 39.80 | 102.03 | -25.03 | -64.84 |
Shareholders equity total | 387.83 | 427.63 | 472.46 | 388.54 | 262.69 |
Balance sheet total (assets) | 435.33 | 569.68 | 604.89 | 530.43 | 428.10 |
Net debt | -87.52 | - 210.21 | - 118.36 | -33.97 | -78.60 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.3 % | 11.0 % | 22.6 % | -4.1 % | -15.0 % |
ROE | 3.4 % | 9.8 % | 22.7 % | -5.8 % | -19.9 % |
ROI | 4.4 % | 12.2 % | 27.4 % | -5.2 % | -21.9 % |
Economic value added (EVA) | -6.35 | 19.95 | 78.28 | -46.49 | -81.07 |
Solvency | |||||
Equity ratio | 89.1 % | 75.1 % | 78.1 % | 73.2 % | 61.4 % |
Gearing | 8.0 % | 7.2 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.6 | 2.2 | 1.7 | 0.3 | 0.5 |
Current ratio | 4.6 | 2.2 | 1.7 | 0.3 | 0.5 |
Cash and cash equivalents | 118.41 | 241.09 | 118.36 | 33.97 | 78.60 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BB |
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