ZIPDEVELOPMENT ApS — Credit Rating and Financial Key Figures

ZIPDEVELOPMENT ApS (CVR number: 26161614) is a company from GREVE. The company recorded a gross profit of -1419.7 kDKK in 2023. The operating profit was -1527.7 kDKK, while net earnings were -1218.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -95.8 %, which can be considered poor and Return on Equity (ROE) was -136.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 70.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ZIPDEVELOPMENT ApS's liquidity measured by quick ratio was 2.9 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.