Zest Meetings & Events ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Zest Meetings & Events ApS
Zest Meetings & Events ApS (CVR number: 38438999) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 773.5 kDKK in 2023. The operating profit was -241.6 kDKK, while net earnings were -246.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -21.7 %, which can be considered poor and Return on Equity (ROE) was -82.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 29.3 %, 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. Zest Meetings & Events 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 711.08 | 377.45 | 999.55 | 1 457.88 | 773.51 |
EBIT | 103.05 | - 101.07 | 264.70 | 507.43 | - 241.65 |
Net earnings | 77.23 | -91.58 | 226.40 | 384.83 | - 246.67 |
Shareholders equity total | 180.52 | 88.94 | 156.47 | 423.50 | 176.83 |
Balance sheet total (assets) | 988.60 | 212.88 | 819.81 | 1 620.46 | 603.37 |
Net debt | - 292.52 | - 166.82 | - 609.45 | - 800.94 | - 408.11 |
Profitability | |||||
EBIT-% | |||||
ROA | 11.6 % | -16.8 % | 51.3 % | 41.6 % | -21.7 % |
ROE | 54.4 % | -68.0 % | 184.5 % | 132.7 % | -82.2 % |
ROI | 61.5 % | -62.7 % | 191.8 % | 168.4 % | -77.7 % |
Economic value added (EVA) | 84.23 | -79.29 | 235.40 | 411.19 | - 221.80 |
Solvency | |||||
Equity ratio | 18.3 % | 42.9 % | 43.6 % | 26.1 % | 29.3 % |
Gearing | 15.4 % | 28.5 % | 3.4 % | 4.1 % | 1.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 1.8 | 4.1 | 1.4 | 1.4 |
Current ratio | 1.2 | 1.7 | 1.2 | 1.4 | 1.4 |
Cash and cash equivalents | 320.25 | 192.20 | 614.70 | 818.38 | 410.60 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | BB |
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