Zirkelbyg ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Zirkelbyg ApS
Zirkelbyg ApS (CVR number: 42264776) is a company from ODENSE. The company recorded a gross profit of 96.8 kDKK in 2023. The operating profit was -62.3 kDKK, while net earnings were -50 kDKK. The profitability of the company measured by Return on Assets (ROA) was -29.9 %, which can be considered poor and Return on Equity (ROE) was -36.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 62.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Zirkelbyg ApS's liquidity measured by quick ratio was 2.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | 538.64 | ||
Gross profit | 271.00 | 181.03 | 96.85 |
EBIT | 214.39 | 21.35 | -62.33 |
Net earnings | 165.57 | 13.79 | -50.02 |
Shareholders equity total | 205.58 | 162.16 | 112.14 |
Balance sheet total (assets) | 332.50 | 238.00 | 179.05 |
Net debt | - 233.32 | - 106.72 | - 110.71 |
Profitability | |||
EBIT-% | 39.8 % | ||
ROA | 64.5 % | 7.6 % | -29.9 % |
ROE | 80.5 % | 7.5 % | -36.5 % |
ROI | 86.4 % | 10.3 % | -43.3 % |
Economic value added (EVA) | 166.25 | 3.61 | -58.04 |
Solvency | |||
Equity ratio | 61.8 % | 68.1 % | 62.6 % |
Gearing | 20.7 % | 2.5 % | 6.3 % |
Relative net indebtedness % | -27.7 % | ||
Liquidity | |||
Quick ratio | 2.3 | 1.8 | 2.6 |
Current ratio | 2.3 | 1.8 | 2.6 |
Cash and cash equivalents | 275.92 | 110.78 | 117.73 |
Capital use efficiency | |||
Trade debtors turnover (days) | 11.5 | ||
Net working capital % | 30.8 % | ||
Credit risk | |||
Credit rating | BB | BB | BB |
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