ZIRCLE ApS — Credit Rating and Financial Key Figures

CVR number: 35396233
Christen Købkes Gade 6, 8000 Aarhus C

Company information

Official name
ZIRCLE ApS
Established
2013
Company form
Private limited company
Industry

About ZIRCLE ApS

ZIRCLE ApS (CVR number: 35396233) is a company from AARHUS. The company reported a net sales of 0.1 mDKK in 2024, demonstrating a decline of -84 % compared to the previous year. The operating profit percentage was at 102.4 % (EBIT: 0.1 mDKK), while net earnings were 131.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent and Return on Equity (ROE) was 4.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 84.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ZIRCLE ApS's liquidity measured by quick ratio was 2.8 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales67.34384.64174.33775.49124.09
Gross profit82.40398.14187.08788.24135.59
EBIT73.89389.63178.57779.73127.08
Net earnings84.11404.03196.25797.17131.86
Shareholders equity total1 811.362 274.922 413.973 152.243 223.10
Balance sheet total (assets)1 832.202 483.542 616.263 707.883 796.21
Net debt- 103.15-11.56158.4727.84548.87
Profitability
EBIT-%109.7 %101.3 %102.4 %100.5 %102.4 %
ROA5.0 %19.1 %8.1 %26.1 %4.9 %
ROE4.7 %19.8 %8.4 %28.6 %4.1 %
ROI5.0 %20.1 %8.5 %27.4 %5.1 %
Economic value added (EVA)-20.27292.7258.75643.44-52.48
Solvency
Equity ratio98.9 %91.6 %92.3 %85.0 %84.9 %
Gearing0.7 %7.3 %8.8 %17.5 %
Relative net indebtedness %-142.0 %51.2 %105.9 %39.6 %450.4 %
Liquidity
Quick ratio28.94.14.62.52.8
Current ratio28.94.14.62.52.8
Cash and cash equivalents116.4411.5617.64248.8714.23
Capital use efficiency
Trade debtors turnover (days)
Net working capital %862.5 %168.2 %422.1 %107.3 %853.5 %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:4.95%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:84.9%
Rating: 64/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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