Credit rating
Company information
About ZAPPS PROPERTIES ApS
ZAPPS PROPERTIES ApS (CVR number: 30830350) is a company from KØBENHAVN. The company recorded a gross profit of -19.7 kEUR in 2023. The operating profit was -19.7 kEUR, while net earnings were 448.1 kEUR. The profitability of the company measured by Return on Assets (ROA) was 3.6 %, which can be considered weak and Return on Equity (ROE) was 2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -36.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. ZAPPS PROPERTIES ApS's liquidity measured by quick ratio was 0.6 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 (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -25.74 | -12.17 | 347.44 | - 236.43 | -19.72 |
EBIT | -25.74 | -12.17 | 347.44 | - 236.43 | -19.72 |
Net earnings | - 520.82 | - 506.68 | - 146.01 | -2 487.77 | 448.13 |
Shareholders equity total | -10 796.89 | -11 303.57 | -11 449.57 | -13 937.35 | -13 489.22 |
Balance sheet total (assets) | 22 723.21 | 23 007.83 | 23 893.95 | 21 948.80 | 23 244.97 |
Net debt | 33 515.57 | 34 296.26 | 35 324.57 | 14 997.80 | 14 227.33 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.1 % | 0.2 % | 1.2 % | -3.8 % | 3.6 % |
ROE | -2.3 % | -2.2 % | -0.6 % | -10.9 % | 2.0 % |
ROI | 0.1 % | 0.2 % | 1.2 % | -3.9 % | 3.7 % |
Economic value added (EVA) | 1 455.44 | 1 495.18 | 1 880.76 | 1 293.52 | 1 737.12 |
Solvency | |||||
Equity ratio | -32.2 % | -32.9 % | -32.4 % | -38.8 % | -36.7 % |
Gearing | -310.4 % | -303.5 % | -308.5 % | -257.3 % | -270.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.1 | 0.1 | 0.6 | 0.6 |
Current ratio | 0.1 | 0.1 | 0.1 | 0.6 | 0.6 |
Cash and cash equivalents | 0.21 | 10.32 | 20 863.80 | 22 194.76 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BBB |
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