ZENVO AUTOMOTIVE A/S — Credit Rating and Financial Key Figures

ZENVO AUTOMOTIVE A/S (CVR number: 30734971) is a company from VORDINGBORG. The company recorded a gross profit of 22 mDKK in 2023. The operating profit was 11.9 mDKK, while net earnings were 16.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 14.1 %, which can be considered good but Return on Equity (ROE) was 26.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -19.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. ZENVO AUTOMOTIVE A/S's liquidity measured by quick ratio was 1.3 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.