ZINNOWEG ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ZINNOWEG ApS
ZINNOWEG ApS (CVR number: 29788960) is a company from FREDERIKSBERG. The company reported a net sales of 1.9 mDKK in 2024, demonstrating a decline of -9 % compared to the previous year. The operating profit percentage was at 86.7 % (EBIT: 1.7 mDKK), while net earnings were 1598.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak and Return on Equity (ROE) was 1.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 64.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ZINNOWEG ApS's liquidity measured by quick ratio was 16.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 170.47 | 2 092.12 | 1 982.00 | 2 091.86 | 1 903.03 |
Gross profit | 6 476.29 | 10 869.36 | 75.80 | -3 485.13 | 1 650.55 |
EBIT | 6 476.29 | 10 869.36 | 75.80 | -3 485.13 | 1 650.55 |
Net earnings | 5 524.01 | 9 221.94 | 332.99 | -2 664.03 | 1 598.52 |
Shareholders equity total | 90 701.52 | 99 923.46 | 100 256.45 | 82 592.42 | 84 190.94 |
Balance sheet total (assets) | 140 312.64 | 150 788.36 | 150 176.68 | 131 670.80 | 129 757.37 |
Net debt | 34 444.64 | 36 212.72 | 36 935.24 | 36 312.75 | 32 457.39 |
Profitability | |||||
EBIT-% | 298.4 % | 519.5 % | 3.8 % | -166.6 % | 86.7 % |
ROA | 4.8 % | 7.7 % | 0.5 % | -1.1 % | 2.9 % |
ROE | 6.0 % | 9.7 % | 0.3 % | -2.9 % | 1.9 % |
ROI | 4.9 % | 7.7 % | 0.5 % | -1.1 % | 2.9 % |
Economic value added (EVA) | -1 631.98 | 2 102.19 | -7 494.70 | -10 479.67 | -5 292.91 |
Solvency | |||||
Equity ratio | 64.6 % | 66.3 % | 66.8 % | 62.7 % | 64.9 % |
Gearing | 40.8 % | 36.9 % | 36.8 % | 44.6 % | 40.3 % |
Relative net indebtedness % | 1591.9 % | 1751.8 % | 1882.2 % | 1764.4 % | 1748.1 % |
Liquidity | |||||
Quick ratio | 58.9 | 21.7 | 42.4 | 11.0 | 16.6 |
Current ratio | 58.9 | 21.7 | 42.4 | 11.0 | 16.6 |
Cash and cash equivalents | 2 566.33 | 708.18 | 564.45 | 1 468.31 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 288.1 % | 534.9 % | 894.8 % | 286.3 % | 687.0 % |
Credit risk | |||||
Credit rating | AAA | AAA | AA | A | AA |
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