Zigang ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Zigang ApS
Zigang ApS (CVR number: 36730501) is a company from VIBORG. The company recorded a gross profit of 35.9 kDKK in 2023. The operating profit was -11.1 kDKK, while net earnings were -5.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17.2 %, which can be considered poor and Return on Equity (ROE) was -27.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 29.6 %, 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. Zigang ApS's liquidity measured by quick ratio was 1.1 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 79.07 | 30.39 | 42.72 | 34.25 | 35.91 |
EBIT | 37.38 | -1.28 | 4.39 | -2.81 | -11.13 |
Net earnings | 29.06 | -0.90 | 3.17 | -2.56 | -5.45 |
Shareholders equity total | 23.02 | 22.12 | 25.29 | 22.72 | 17.28 |
Balance sheet total (assets) | 59.83 | 34.98 | 67.65 | 71.36 | 58.41 |
Net debt | -39.54 | -12.40 | -49.13 | -12.72 | -5.41 |
Profitability | |||||
EBIT-% | |||||
ROA | 83.7 % | -2.7 % | 8.5 % | -4.0 % | -17.2 % |
ROE | 125.2 % | -4.0 % | 13.4 % | -10.7 % | -27.2 % |
ROI | 324.8 % | -5.7 % | 18.5 % | -11.7 % | -55.7 % |
Economic value added (EVA) | 29.51 | -0.45 | 3.90 | -1.61 | -8.41 |
Solvency | |||||
Equity ratio | 38.5 % | 63.2 % | 37.4 % | 31.8 % | 29.6 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 2.1 | 1.5 | 1.4 | 1.1 |
Current ratio | 1.6 | 2.1 | 1.5 | 1.4 | 1.1 |
Cash and cash equivalents | 39.54 | 12.40 | 49.13 | 12.72 | 5.41 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BBB |
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