Ziiway ApS — Credit Rating and Financial Key Figures

CVR number: 42179175
Ladegårdsgade 4, 9000 Aalborg

Credit rating

Company information

Official name
Ziiway ApS
Personnel
2 persons
Established
2021
Company form
Private limited company
Industry
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About Ziiway ApS

Ziiway ApS (CVR number: 42179175) is a company from AALBORG. The company recorded a gross profit of 3628.3 kDKK in 2023. The operating profit was 1971.2 kDKK, while net earnings were 1405.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 52.8 %, which can be considered excellent and Return on Equity (ROE) was 99.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 40 %, 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. Ziiway ApS's liquidity measured by quick ratio was 2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
Volume
Net sales
Gross profit3 357.303 357.303 628.31
EBIT1 544.191 544.191 971.23
Net earnings1 176.201 176.201 405.45
Shareholders equity total1 216.201 216.201 621.65
Balance sheet total (assets)3 410.143 410.144 055.10
Net debt-3 406.58-3 375.13-3 412.98
Profitability
EBIT-%
ROA47.4 %47.4 %52.8 %
ROE96.7 %96.7 %99.1 %
ROI132.9 %131.2 %120.7 %
Economic value added (EVA)1 202.671 312.741 644.31
Solvency
Equity ratio35.7 %35.7 %40.0 %
Gearing2.6 %23.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.82.0
Current ratio1.81.82.0
Cash and cash equivalents3 406.583 406.583 791.78
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:52.8%
Rating: 96/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.0%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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