ZEETEC TECHNOLOGY ApS — Credit Rating and Financial Key Figures

CVR number: 26174945
Slotsmarken 18, 2970 Hørsholm

Credit rating

Company information

Official name
ZEETEC TECHNOLOGY ApS
Established
2001
Company form
Private limited company
Industry

About ZEETEC TECHNOLOGY ApS

ZEETEC TECHNOLOGY ApS (CVR number: 26174945) is a company from HØRSHOLM. The company recorded a gross profit of -69.8 kDKK in 2021. The operating profit was -95.1 kDKK, while net earnings were 275.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, which can be considered decent but Return on Equity (ROE) was 18.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34.8 %, 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. ZEETEC TECHNOLOGY ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2017
2018
2019
2020
2021
Volume
Net sales
Gross profit902.56154.56-29.52- 242.32-69.81
EBIT- 169.49- 314.84-97.87- 267.61-95.10
Net earnings792.04- 336.17-2 525.104.73275.58
Shareholders equity total1.03164.86- 155.151 582.841 388.14
Balance sheet total (assets)4 714.076 368.127 056.313 929.553 988.59
Net debt3 069.004 677.914 400.54369.06783.97
Profitability
EBIT-%
ROA19.2 %-6.9 %-35.7 %0.4 %5.8 %
ROE42.1 %-405.3 %-69.9 %0.1 %18.6 %
ROI38.2 %-9.6 %-44.6 %0.5 %11.2 %
Economic value added (EVA)3.50-98.819.12- 186.53-16.91
Solvency
Equity ratio0.0 %2.6 %-2.2 %40.3 %34.8 %
Gearing297816.9 %2840.6 %-2856.7 %24.1 %56.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.81.22.11.3
Current ratio0.70.91.22.11.3
Cash and cash equivalents13.415.1631.5013.184.80
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:5.85%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:34.8%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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