A/S Zolutions - Art & Design — Credit Rating and Financial Key Figures

CVR number: 21821047
Herningvej 36 B, 4800 Nykøbing F
tel: 55721079

Credit rating

Company information

Official name
A/S Zolutions - Art & Design
Personnel
15 persons
Established
1999
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About A/S Zolutions - Art & Design

A/S Zolutions - Art & Design (CVR number: 21821047) is a company from GULDBORGSUND. The company recorded a gross profit of 7674.8 kDKK in 2023. The operating profit was -3007.7 kDKK, while net earnings were -3620.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -20.3 %, which can be considered poor and Return on Equity (ROE) was -52.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 1.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. A/S Zolutions - Art & Design's liquidity measured by quick ratio was 0.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit10 273.3811 558.3117 689.8112 592.707 674.76
EBIT-2 592.001 465.713 956.89- 494.66-3 007.68
Net earnings-2 745.791 463.483 575.45-1 042.84-3 620.17
Shareholders equity total1 227.802 691.294 066.742 793.90- 976.27
Balance sheet total (assets)13 063.5316 547.3616 716.9117 011.2510 991.36
Net debt6 153.783 595.393 598.926 423.585 423.37
Profitability
EBIT-%
ROA-16.0 %10.9 %24.3 %-2.6 %-20.3 %
ROE-105.6 %74.7 %105.8 %-30.4 %-52.5 %
ROI-27.4 %21.4 %52.2 %-5.0 %-39.9 %
Economic value added (EVA)-2 716.901 562.093 624.55- 446.86-3 422.79
Solvency
Equity ratio18.1 %24.3 %31.7 %23.4 %1.2 %
Gearing502.4 %135.6 %88.9 %232.5 %-557.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.80.60.60.5
Current ratio1.01.21.41.20.9
Cash and cash equivalents14.1353.0717.7171.6315.81
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-20.3%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:1.21%
Rating: 2/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

Companies in the same industry

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