ZHONG HUA ApS — Credit Rating and Financial Key Figures

CVR number: 33389655
Østergade 10, 3600 Frederikssund

Credit rating

Company information

Official name
ZHONG HUA ApS
Personnel
30 persons
Established
2011
Company form
Private limited company
Industry

About ZHONG HUA ApS

ZHONG HUA ApS (CVR number: 33389655) is a company from FREDERIKSSUND. The company recorded a gross profit of 4995.2 kDKK in 2023. The operating profit was -25.3 kDKK, while net earnings were -27.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.5 %, which can be considered poor and Return on Equity (ROE) was -3.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 43.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ZHONG HUA ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit3 618.003 697.005 250.004 734.804 995.15
EBIT452.00250.00742.00492.57-25.26
Net earnings311.00175.00552.00321.21-27.91
Shareholders equity total-74.00101.00653.00973.95646.03
Balance sheet total (assets)1 510.001 507.002 309.001 807.091 477.20
Net debt- 791.00- 976.00-1 752.00-1 119.04- 658.06
Profitability
EBIT-%
ROA25.3 %16.2 %38.9 %23.9 %-1.5 %
ROE20.0 %21.7 %146.4 %39.5 %-3.4 %
ROI495.0 %162.5 %55.2 %-3.1 %
Economic value added (EVA)399.15237.91622.48384.21-14.35
Solvency
Equity ratio-4.7 %6.7 %26.5 %53.9 %43.7 %
Gearing1.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.91.42.11.4
Current ratio0.70.91.42.21.4
Cash and cash equivalents791.00976.001 752.001 119.04665.40
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:-1.54%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:43.7%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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