Zeanet A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Zeanet A/S
Zeanet A/S (CVR number: 26863899) is a company from SLAGELSE. The company reported a net sales of 48.2 mDKK in 2023, demonstrating a growth of 4.3 % compared to the previous year. The operating profit percentage was at 7.9 % (EBIT: 3.8 mDKK), while net earnings were 2318 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.2 %, which can be considered weak and Return on Equity (ROE) was 1.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 58.1 %, 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. Zeanet A/S's liquidity measured by quick ratio was 1.5 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 36.56 | 35.92 | 39.13 | 46.23 | 48.20 |
Gross profit | 28.09 | 30.55 | 34.15 | 29.35 | 34.17 |
EBIT | 3.31 | 5.90 | 8.07 | 0.28 | 3.79 |
Net earnings | 5.29 | 3.92 | 7.51 | -9.59 | 2.32 |
Shareholders equity total | 143.18 | 147.10 | 154.61 | 145.02 | 153.10 |
Balance sheet total (assets) | 315.11 | 321.77 | 329.59 | 333.05 | 266.04 |
Net debt | 8.19 | -5.04 | |||
Profitability | |||||
EBIT-% | 9.1 % | 16.4 % | 20.6 % | 0.6 % | 7.9 % |
ROA | 1.1 % | 1.9 % | 2.5 % | 0.1 % | 3.2 % |
ROE | 3.7 % | 2.7 % | 5.0 % | -6.4 % | 1.6 % |
ROI | 1.2 % | 1.9 % | 2.5 % | 0.2 % | 4.7 % |
Economic value added (EVA) | 3.07 | -1.30 | 0.68 | -7.50 | 2.29 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 43.8 % | 58.1 % |
Gearing | 60.9 % | 2.4 % | |||
Relative net indebtedness % | 62.4 % | 38.9 % | |||
Liquidity | |||||
Quick ratio | 1.1 | 1.5 | |||
Current ratio | 1.1 | 1.4 | |||
Cash and cash equivalents | 80.10 | 8.74 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 276.4 | 186.4 | |||
Net working capital % | -155.5 % | 21.7 % | |||
Credit risk | |||||
Credit rating | A | A | A | AA | AAA |
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