Zeppelin Danmark A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 827.75 | 916.47 | 1 053.72 | 1 165.98 | |
Gross profit | -2.12 | 177.48 | 211.00 | 256.82 | 260.75 |
EBIT | -12.24 | 2.78 | 10.31 | 21.80 | 34.56 |
Net earnings | -9.62 | -0.67 | 5.03 | 10.50 | -10.65 |
Shareholders equity total | 130.38 | 129.72 | 134.74 | 145.25 | 309.60 |
Balance sheet total (assets) | 512.88 | 488.33 | 612.25 | 838.67 | 1 378.26 |
Net debt | 204.66 | 141.72 | 233.01 | 479.30 | 787.79 |
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) | -9.58 | 2.68 | 6.10 | 14.23 | 20.36 |
Solvency | |||||
Equity ratio | 25.4 % | 26.6 % | 22.0 % | 17.3 % | 22.5 % |
Gearing | 185.8 % | 114.7 % | 181.1 % | 333.1 % | 258.0 % |
Relative net indebtedness % | 41.8 % | 50.0 % | 64.2 % | 90.1 % | |
Liquidity | |||||
Quick ratio | 0.4 | 0.8 | 0.7 | 0.7 | 0.6 |
Current ratio | 0.9 | 1.7 | 1.5 | 1.7 | 1.4 |
Cash and cash equivalents | 37.59 | 7.02 | 10.96 | 4.47 | 11.05 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 48.3 | 49.0 | 50.5 | 46.9 | |
Net working capital % | 13.6 % | 11.8 % | 17.4 % | 15.9 % | |
Credit risk | |||||
Credit rating | BBB | A | AA | AA | A |
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