Zinnsgade ApS — Credit Rating and Financial Key Figures

CVR number: 40612718
Formervangen 6, 2600 Glostrup

Company information

Official name
Zinnsgade ApS
Established
2019
Company form
Private limited company
Industry

About Zinnsgade ApS

Zinnsgade ApS (CVR number: 40612718) is a company from ALBERTSLUND. The company recorded a gross profit of 2679.1 kDKK in 2024. The operating profit was 1672.2 kDKK, while net earnings were 771.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak but Return on Equity (ROE) was 5.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 24 %, 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. Zinnsgade ApS's liquidity measured by quick ratio was 0.4 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 951.99392.66662.512 520.962 679.09
EBIT1 041.73- 589.54- 230.891 514.071 672.20
Net earnings359.28- 890.68-2 900.65426.75771.37
Shareholders equity total16 766.2915 875.6112 974.9613 401.7014 173.07
Balance sheet total (assets)56 396.8757 249.9360 998.1759 104.4859 020.92
Net debt30 492.2531 247.1733 287.7134 561.2433 151.09
Profitability
EBIT-%
ROA1.9 %-1.0 %-0.3 %2.8 %3.5 %
ROE2.4 %-5.5 %-20.1 %3.2 %5.6 %
ROI2.0 %-1.0 %-0.3 %2.9 %3.6 %
Economic value added (EVA)-1 777.45-3 153.81-2 749.55-1 699.39-1 439.84
Solvency
Equity ratio29.7 %27.7 %21.3 %22.7 %24.0 %
Gearing194.0 %198.6 %281.5 %264.5 %245.3 %
Relative net indebtedness %
Liquidity
Quick ratio2.30.20.50.20.4
Current ratio2.30.20.50.20.4
Cash and cash equivalents2 035.86285.603 239.37885.581 611.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBAA

Variable visualization

ROA:3.46%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:24.0%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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