ZM FINANS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ZM FINANS A/S
ZM FINANS A/S (CVR number: 24811018) is a company from FURESØ. The company recorded a gross profit of 29.8 kDKK in 2023. The operating profit was -26 kDKK, while net earnings were 1237 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.5 %, which can be considered good but Return on Equity (ROE) was 7.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 82.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ZM FINANS A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 377.07 | ||||
Gross profit | 194.84 | -47.75 | - 191.73 | 205.34 | 29.81 |
EBIT | - 111.01 | - 356.14 | - 247.58 | 149.49 | -26.04 |
Net earnings | 739.40 | 962.03 | 3 037.76 | - 102.43 | 1 236.99 |
Shareholders equity total | 14 195.69 | 15 157.72 | 16 195.48 | 16 093.05 | 17 330.04 |
Balance sheet total (assets) | 22 015.84 | 21 579.11 | 22 382.59 | 22 143.46 | 21 093.44 |
Net debt | 1 336.19 | 1 698.43 | 5 148.43 | 3 069.43 | 2 856.76 |
Profitability | |||||
EBIT-% | -29.4 % | ||||
ROA | 3.9 % | 7.6 % | 17.8 % | 4.3 % | 8.5 % |
ROE | 5.2 % | 6.6 % | 19.4 % | -0.6 % | 7.4 % |
ROI | 4.6 % | 7.7 % | 18.2 % | 4.3 % | 8.7 % |
Economic value added (EVA) | - 605.95 | - 864.07 | - 856.78 | - 771.95 | - 816.30 |
Solvency | |||||
Equity ratio | 64.5 % | 70.2 % | 72.4 % | 72.7 % | 82.2 % |
Gearing | 53.0 % | 40.7 % | 34.3 % | 34.7 % | 19.5 % |
Relative net indebtedness % | 434.3 % | ||||
Liquidity | |||||
Quick ratio | 1.4 | 1.4 | 0.4 | 0.8 | 0.6 |
Current ratio | 1.4 | 1.4 | 0.4 | 0.8 | 0.6 |
Cash and cash equivalents | 6 182.56 | 4 466.93 | 410.56 | 2 508.70 | 526.45 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 556.5 % | ||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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