ZET Byg ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ZET Byg ApS
ZET Byg ApS (CVR number: 41423048) is a company from GLADSAXE. The company reported a net sales of 1.7 mDKK in 2022. The operating profit percentage was poor at -10.1 % (EBIT: -0.2 mDKK), while net earnings were -653.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.8 %, which can be considered poor and Return on Equity (ROE) was -43 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 26.7 %, 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. ZET Byg 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 financials2020 | 2021 | 2022 | |
|---|---|---|---|
| Volume | |||
| Net sales | 1 714.24 | ||
| Gross profit | 751.13 | 1 069.63 | - 166.51 |
| EBIT | 751.13 | 1 069.63 | - 172.75 |
| Net earnings | 582.67 | 849.31 | - 653.26 |
| Shareholders equity total | 622.67 | 1 471.98 | 1 566.89 |
| Balance sheet total (assets) | 2 665.18 | 3 229.51 | 5 871.16 |
| Net debt | -1 503.66 | -2 257.31 | -1 149.00 |
| Profitability | |||
| EBIT-% | -10.1 % | ||
| ROA | 28.2 % | 38.3 % | -3.8 % |
| ROE | 93.6 % | 81.1 % | -43.0 % |
| ROI | 120.6 % | 106.9 % | -11.3 % |
| Economic value added (EVA) | 585.90 | 876.78 | - 132.36 |
| Solvency | |||
| Equity ratio | 23.4 % | 48.6 % | 26.7 % |
| Gearing | 1.3 % | ||
| Relative net indebtedness % | 184.1 % | ||
| Liquidity | |||
| Quick ratio | 1.3 | 2.1 | 1.4 |
| Current ratio | 1.3 | 1.8 | 1.4 |
| Cash and cash equivalents | 1 503.66 | 2 275.92 | 1 149.00 |
| Capital use efficiency | |||
| Trade debtors turnover (days) | 1 003.3 | ||
| Net working capital % | 90.8 % | ||
| Credit risk | |||
| Credit rating | BB | BBB | BB |
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