ZENITH FINANS A/S — Credit Rating and Financial Key Figures

CVR number: 20967390
Golfhaven 1, Bramdrupdam 6000 Kolding

Company information

Official name
ZENITH FINANS A/S
Established
1998
Domicile
Bramdrupdam
Company form
Limited company
Industry

About ZENITH FINANS A/S

ZENITH FINANS A/S (CVR number: 20967390) is a company from KOLDING. The company recorded a gross profit of -7.5 kDKK in 2024. The operating profit was -7.5 kDKK, while net earnings were 206.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 35.5 %, which can be considered excellent and Return on Equity (ROE) was 47.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -13.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. ZENITH FINANS A/S's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales272.86- 614.0086.00
Gross profit260.98- 628.0044.00-61.01-7.50
EBIT260.98- 628.0044.00-61.01-7.50
Net earnings214.52- 680.002 616.00- 113.32206.56
Shareholders equity total688.04- 105.00- 176.00- 288.56-82.00
Balance sheet total (assets)1 854.031 240.00352.00318.28544.94
Net debt810.24895.00-17.00483.00619.40
Profitability
EBIT-%95.6 %51.2 %
ROA15.3 %-39.4 %-272.9 %-16.7 %35.5 %
ROE36.9 %-70.5 %328.6 %-33.8 %47.9 %
ROI19.1 %-52.2 %591.3 %-39.2 %39.8 %
Economic value added (EVA)195.54- 704.214.30-52.17-17.45
Solvency
Equity ratio37.1 %-7.8 %-33.3 %-47.6 %-13.1 %
Gearing117.8 %-852.4 %-167.4 %-755.3 %
Relative net indebtedness %427.3 %-219.1 %594.2 %
Liquidity
Quick ratio0.30.20.1
Current ratio0.30.20.1
Cash and cash equivalents17.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-427.3 %219.1 %-459.3 %
Credit risk
Credit ratingABBBBBBB

Variable visualization

ROA:35.5%
Rating: 86/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-13.1%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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