ZANGENBERG & COMPANY ApS — Credit Rating and Financial Key Figures

CVR number: 29933723
Pilestræde 52 A, 1112 København K

Company information

Official name
ZANGENBERG & COMPANY ApS
Personnel
20 persons
Established
2006
Company form
Private limited company
Industry

About ZANGENBERG & COMPANY ApS

ZANGENBERG & COMPANY ApS (CVR number: 29933723) is a company from KØBENHAVN. The company recorded a gross profit of 10.5 mDKK in 2023. The operating profit was 445.4 kDKK, while net earnings were 321.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.3 %, which can be considered good but Return on Equity (ROE) was 33.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 12.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. ZANGENBERG & COMPANY ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit12 143.3818 585.4016 533.0619 809.7310 502.20
EBIT281.28-1 417.96107.711 596.63445.44
Net earnings123.92-1 132.3350.641 195.68321.05
Shareholders equity total438.80206.48257.111 452.80448.84
Balance sheet total (assets)3 790.437 630.166 269.937 132.193 677.17
Net debt-2 264.65685.80- 716.23-4 006.421 522.47
Profitability
EBIT-%
ROA6.4 %-24.8 %1.5 %23.8 %8.3 %
ROE32.9 %-351.0 %21.8 %139.9 %33.8 %
ROI68.8 %-142.8 %4.8 %68.7 %22.1 %
Economic value added (EVA)261.74-1 030.0596.961 382.11471.30
Solvency
Equity ratio11.6 %2.7 %4.1 %20.4 %12.2 %
Gearing7.8 %629.6 %1055.3 %13.4 %421.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.01.01.11.0
Current ratio1.11.01.01.11.0
Cash and cash equivalents2 299.09614.203 429.464 201.77368.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBA

Variable visualization

ROA:8.29%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:12.2%
Rating: 12/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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