K/S DIFKO ZERRE II — Credit Rating and Financial Key Figures
Credit rating
Company information
About K/S DIFKO ZERRE II
K/S DIFKO ZERRE II (CVR number: 33167628) is a company from HERNING. The company recorded a gross profit of 3216.6 kDKK in 2023. The operating profit was -6403.4 kDKK, while net earnings were -6584.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -37.8 %, which can be considered poor and Return on Equity (ROE) was -70.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 43.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. K/S DIFKO ZERRE II's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3 853.06 | 3 527.97 | 2 950.44 | 3 654.49 | 3 216.62 |
EBIT | 2 173.68 | 1 855.43 | 1 278.53 | 1 982.58 | -6 403.36 |
Net earnings | 1 681.45 | 1 488.91 | 1 113.44 | 1 846.56 | -6 584.10 |
Shareholders equity total | 11 431.13 | 11 420.04 | 11 333.47 | 12 718.36 | 5 973.40 |
Balance sheet total (assets) | 24 550.06 | 22 526.73 | 20 527.04 | 19 903.83 | 13 649.37 |
Net debt | 9 881.53 | 8 108.33 | 6 420.23 | 4 217.64 | 2 323.81 |
Profitability | |||||
EBIT-% | |||||
ROA | 8.7 % | 8.1 % | 6.0 % | 9.8 % | -37.8 % |
ROE | 15.4 % | 13.0 % | 9.8 % | 15.4 % | -70.4 % |
ROI | 8.7 % | 8.1 % | 6.0 % | 9.9 % | -41.3 % |
Economic value added (EVA) | 1 122.21 | 884.46 | 396.82 | 1 190.01 | -7 154.85 |
Solvency | |||||
Equity ratio | 46.6 % | 50.7 % | 55.2 % | 63.9 % | 43.8 % |
Gearing | 113.2 % | 95.4 % | 78.7 % | 54.5 % | 83.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 1.4 | 1.2 | 1.7 | 0.6 |
Current ratio | 1.6 | 1.4 | 1.2 | 1.7 | 0.6 |
Cash and cash equivalents | 3 053.00 | 2 791.74 | 2 494.64 | 2 716.16 | 2 639.82 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | AA | AA | BB |
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