ZENIT HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 30799801
Absalonsgade 11, 1658 København V

Credit rating

Company information

Official name
ZENIT HOLDING ApS
Established
2007
Company form
Private limited company
Industry

About ZENIT HOLDING ApS

ZENIT HOLDING ApS (CVR number: 30799801) is a company from KØBENHAVN. The company reported a net sales of 0.3 mDKK in 2023, demonstrating a decline of -25.8 % compared to the previous year. The operating profit percentage was at 97.2 % (EBIT: 0.3 mDKK), while net earnings were 273.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.3 %, which can be considered decent and Return on Equity (ROE) was 6.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 98.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ZENIT HOLDING ApS's liquidity measured by quick ratio was 71.4 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
2019
2020
2021
2022
2023
Volume
Net sales720.62662.48586.22369.20274.10
Gross profit714.62658.23581.82360.70266.35
EBIT714.62658.23581.82360.70266.35
Net earnings724.16654.04569.31358.74273.37
Shareholders equity total2 856.103 354.843 867.664 169.204 383.67
Balance sheet total (assets)2 885.213 470.533 871.934 173.454 436.94
Net debt-1 493.11-1 488.09- 980.07- 915.78- 983.89
Profitability
EBIT-%99.2 %99.4 %99.2 %97.7 %97.2 %
ROA26.7 %20.7 %15.8 %9.0 %6.3 %
ROE26.9 %21.1 %15.8 %8.9 %6.4 %
ROI27.0 %21.2 %16.1 %9.0 %6.4 %
Economic value added (EVA)717.91671.79565.36285.16147.95
Solvency
Equity ratio99.0 %96.7 %99.9 %99.9 %98.8 %
Gearing
Relative net indebtedness %-203.2 %-207.2 %-166.5 %-246.9 %-339.5 %
Liquidity
Quick ratio69.623.1735.4862.271.4
Current ratio69.623.1735.4862.271.4
Cash and cash equivalents1 493.111 488.09980.07915.78983.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %277.2 %385.5 %536.1 %991.6 %1368.6 %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:6.34%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.8%
Rating: 82/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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