Z KURS ApS — Credit Rating and Financial Key Figures

CVR number: 36424117
Dominovej 30, 7500 Holstebro
zkurs@zkurs.dk
tel: 61437020
www.zkurs.dk

Credit rating

Company information

Official name
Z KURS ApS
Personnel
5 persons
Established
2014
Company form
Private limited company
Industry

About Z KURS ApS

Z KURS ApS (CVR number: 36424117) is a company from HOLSTEBRO. The company recorded a gross profit of 1980.4 kDKK in 2023. The operating profit was 181.2 kDKK, while net earnings were 139.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.9 %, which can be considered excellent and Return on Equity (ROE) was 37.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 27.8 %, 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. Z KURS ApS's liquidity measured by quick ratio was 1.4 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 305.901 213.291 901.151 296.761 980.38
EBIT443.36274.37204.779.60181.16
Net earnings343.50210.65151.460.45139.39
Shareholders equity total453.53260.65412.11412.56339.39
Balance sheet total (assets)853.21873.831 129.181 068.871 220.96
Net debt- 685.14- 686.98- 844.66- 624.94- 758.87
Profitability
EBIT-%
ROA52.7 %31.8 %20.4 %0.9 %15.9 %
ROE73.0 %59.0 %45.0 %0.1 %37.1 %
ROI94.3 %76.8 %55.9 %1.9 %42.6 %
Economic value added (EVA)350.59225.20181.1434.35155.71
Solvency
Equity ratio53.2 %29.8 %36.5 %38.6 %27.8 %
Gearing14.6 %24.8 %
Relative net indebtedness %
Liquidity
Quick ratio2.11.41.51.61.4
Current ratio2.11.41.51.61.4
Cash and cash equivalents685.14686.98904.63727.06758.87
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:15.9%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.8%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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