J. ZARTOW HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About J. ZARTOW HOLDING A/S
J. ZARTOW HOLDING A/S (CVR number: 14036571) is a company from HERNING. The company recorded a gross profit of -58.5 kDKK in 2024. The operating profit was -58.5 kDKK, while net earnings were -1492 kDKK. The profitability of the company measured by Return on Assets (ROA) was -38.8 %, which can be considered poor and Return on Equity (ROE) was -53.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 93.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. J. ZARTOW HOLDING A/S's liquidity measured by quick ratio was 11 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 101.28 | -67.12 | -58.04 | -51.91 | -58.50 |
EBIT | - 101.28 | - 112.12 | -58.04 | -51.91 | -58.50 |
Net earnings | - 136.41 | 748.66 | 82.39 | 102.53 | -1 492.00 |
Shareholders equity total | 3 068.92 | 3 617.59 | 3 586.97 | 3 575.10 | 1 965.30 |
Balance sheet total (assets) | 3 364.78 | 3 943.69 | 3 991.86 | 3 690.86 | 2 094.53 |
Net debt | -1 138.80 | -1 497.54 | -1 247.99 | -1 197.23 | -1 303.00 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.2 % | 20.7 % | 7.2 % | 2.8 % | -38.8 % |
ROE | -3.9 % | 22.4 % | 2.3 % | 2.9 % | -53.9 % |
ROI | -0.2 % | 20.8 % | 7.3 % | 2.8 % | -39.0 % |
Economic value added (EVA) | - 164.57 | - 154.54 | -87.14 | -77.10 | -98.14 |
Solvency | |||||
Equity ratio | 91.2 % | 91.7 % | 89.9 % | 96.9 % | 93.8 % |
Gearing | 8.7 % | 8.4 % | 10.7 % | 2.8 % | 5.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.8 | 5.5 | 4.0 | 11.2 | 11.0 |
Current ratio | 4.8 | 5.5 | 4.0 | 11.2 | 11.0 |
Cash and cash equivalents | 1 407.02 | 1 799.70 | 1 632.17 | 1 297.98 | 1 417.23 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | BBB | BBB |
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