Zeppelin Danmark A/S — Credit Rating and Financial Key Figures

CVR number: 40649247
Park Allé 363, 2605 Brøndby
tel: 70252211

Credit rating

Company information

Official name
Zeppelin Danmark A/S
Personnel
321 persons
Established
2019
Company form
Limited company
Industry
  • Expand more icon33Repair and installation of machinery and equipment

About Zeppelin Danmark A/S

Zeppelin Danmark A/S (CVR number: 40649247) is a company from BRØNDBY. The company reported a net sales of 1166 mDKK in 2023, demonstrating a growth of 10.7 % compared to the previous year. The operating profit percentage was at 3 % (EBIT: 34.6 mDKK), while net earnings were -10.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 3.2 %, which can be considered weak but Return on Equity (ROE) was -4.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 22.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Zeppelin Danmark A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales827.75916.471 053.721 165.98
Gross profit-2.12177.48211.00256.82260.75
EBIT-12.242.7810.3121.8034.56
Net earnings-9.62-0.675.0310.50-10.65
Shareholders equity total130.38129.72134.74145.25309.60
Balance sheet total (assets)512.88488.33612.25838.671 378.26
Net debt204.66141.72233.01479.30787.79
Profitability
EBIT-%0.3 %1.1 %2.1 %3.0 %
ROA-2.4 %0.9 %1.9 %3.1 %3.2 %
ROE-7.4 %-0.5 %3.8 %7.5 %-4.7 %
ROI-2.9 %1.2 %2.8 %4.0 %3.8 %
Economic value added (EVA)-9.582.686.1014.2320.36
Solvency
Equity ratio25.4 %26.6 %22.0 %17.3 %22.5 %
Gearing185.8 %114.7 %181.1 %333.1 %258.0 %
Relative net indebtedness %41.8 %50.0 %64.2 %90.1 %
Liquidity
Quick ratio0.40.80.70.70.6
Current ratio0.91.71.51.71.4
Cash and cash equivalents37.597.0210.964.4711.05
Capital use efficiency
Trade debtors turnover (days)48.349.050.546.9
Net working capital %13.6 %11.8 %17.4 %15.9 %
Credit risk
Credit ratingBBBAAAAAA

Variable visualization

ROA:3.18%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.5%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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