ZERO DEGREE ApS — Credit Rating and Financial Key Figures

CVR number: 14758879
Vejlesøvej 96 A, 2840 Holte
zerodegree@outlook.dk
tel: 75156661

Credit rating

Company information

Official name
ZERO DEGREE ApS
Personnel
1 person
Established
1991
Company form
Private limited company
Industry

About ZERO DEGREE ApS

ZERO DEGREE ApS (CVR number: 14758879) is a company from RUDERSDAL. The company recorded a gross profit of 3725.7 kDKK in 2023. The operating profit was 2433.4 kDKK, while net earnings were 1860.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 46.7 %, which can be considered excellent and Return on Equity (ROE) was 81.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 77.3 %, 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. ZERO DEGREE ApS's liquidity measured by quick ratio was 6.6 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit335.94177.72-21.341 535.103 725.71
EBIT-64.26- 202.28-21.34835.102 433.43
Net earnings48.57162.47- 237.64837.511 860.49
Shareholders equity total581.21743.67506.031 343.543 204.03
Balance sheet total (assets)903.631 018.13629.674 312.966 245.55
Net debt- 506.66- 883.64- 560.60-4 104.28-6 245.55
Profitability
EBIT-%
ROA6.3 %17.5 %-1.3 %34.2 %46.7 %
ROE8.7 %24.5 %-38.0 %90.6 %81.8 %
ROI9.9 %25.4 %-1.8 %91.4 %108.4 %
Economic value added (EVA)-81.13- 206.02-14.63837.842 103.52
Solvency
Equity ratio64.3 %73.0 %80.4 %60.7 %77.3 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.83.75.15.06.6
Current ratio2.83.75.11.52.1
Cash and cash equivalents506.66883.64560.604 104.286 245.55
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:46.7%
Rating: 93/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.3%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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