FinanceZealand A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FinanceZealand A/S
FinanceZealand A/S (CVR number: 38513702) is a company from AARHUS. The company recorded a gross profit of -23.2 kDKK in 2024. The operating profit was -23.2 kDKK, while net earnings were 1192.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.5 %, which can be considered good and Return on Equity (ROE) was 11.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FinanceZealand A/S's liquidity measured by quick ratio was 125.9 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 142.59 | - 370.49 | - 123.10 | -63.75 | -23.20 |
EBIT | - 142.59 | - 370.49 | - 123.10 | -63.75 | -23.20 |
Net earnings | 8 505.51 | - 303.22 | 15.72 | 28 324.47 | 1 192.08 |
Shareholders equity total | 8 420.85 | 14 817.62 | 14 833.34 | 9 757.81 | 10 949.88 |
Balance sheet total (assets) | 10 508.71 | 14 905.49 | 14 921.21 | 9 845.68 | 10 994.38 |
Net debt | -1 965.79 | -3 974.32 | -8.27 | - 116.09 | - 845.51 |
Profitability | |||||
EBIT-% | |||||
ROA | 124.1 % | 76.6 % | 0.2 % | 315.8 % | 11.5 % |
ROE | 117.4 % | -2.6 % | 0.1 % | 230.4 % | 11.5 % |
ROI | 117.5 % | -2.3 % | 0.2 % | 230.4 % | 11.6 % |
Economic value added (EVA) | - 447.54 | - 793.64 | - 867.68 | - 809.13 | - 513.53 |
Solvency | |||||
Equity ratio | 80.1 % | 99.4 % | 99.4 % | 99.1 % | 99.6 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 22.4 | 45.2 | 47.1 | 50.7 | 125.9 |
Current ratio | 22.4 | 45.2 | 47.1 | 50.7 | 125.9 |
Cash and cash equivalents | 1 965.79 | 3 974.32 | 8.27 | 116.09 | 845.51 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | A |
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