Zirq Medical A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Zirq Medical A/S
Zirq Medical A/S (CVR number: 36726008) is a company from HOLBÆK. The company recorded a gross profit of 2615.2 kDKK in 2023. The operating profit was -8885.1 kDKK, while net earnings were -26.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was -12.2 %, which can be considered poor and Return on Equity (ROE) was -39 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -16 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Zirq Medical A/S's liquidity measured by quick ratio was 9.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3 283.83 | 2 100.99 | 11 313.78 | 3 306.20 | 2 615.25 |
EBIT | - 994.10 | -1 156.61 | 7 479.71 | -5 472.70 | -8 885.07 |
Net earnings | -1 195.56 | -21.54 | 7 031.79 | -5 443.00 | -26 223.66 |
Shareholders equity total | -5 112.31 | -5 133.85 | 6 080.94 | 637.94 | -25 585.72 |
Balance sheet total (assets) | 6 033.91 | 5 106.30 | 10 047.79 | 161 284.86 | 134 004.67 |
Net debt | 10 701.70 | 9 142.82 | 1 856.36 | 115 445.21 | 146 325.39 |
Profitability | |||||
EBIT-% | |||||
ROA | -10.8 % | -4.4 % | 73.7 % | -6.3 % | -12.2 % |
ROE | -25.6 % | -0.4 % | 125.7 % | -162.0 % | -39.0 % |
ROI | -11.4 % | -4.6 % | 79.0 % | -6.7 % | -10.9 % |
Economic value added (EVA) | - 753.96 | - 563.15 | 7 343.84 | -5 231.65 | - 429.15 |
Solvency | |||||
Equity ratio | -45.9 % | -50.1 % | 60.5 % | 0.5 % | -16.0 % |
Gearing | -209.8 % | -194.2 % | 45.8 % | 18279.9 % | -571.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 0.3 | 1.2 | 0.6 | 9.2 |
Current ratio | 0.4 | 0.4 | 1.5 | 0.6 | 9.4 |
Cash and cash equivalents | 22.78 | 824.86 | 926.22 | 1 169.69 | 4.30 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | BBB |
Variable visualization
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