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ZHONG HUA ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ZHONG HUA ApS
ZHONG HUA ApS (CVR number: 33389655) is a company from FREDERIKSSUND. The company recorded a gross profit of 4956.4 kDKK in 2024. The operating profit was -7.2 kDKK, while net earnings were 48.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.5 %, which can be considered poor but Return on Equity (ROE) was 9.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 29.4 %, 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. ZHONG HUA ApS's liquidity measured by quick ratio was 1.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 3 697.00 | 5 250.00 | 4 734.80 | 4 995.15 | 4 956.38 |
| EBIT | 250.00 | 742.00 | 492.57 | -25.26 | -7.24 |
| Net earnings | 175.00 | 552.00 | 321.21 | -27.91 | 48.14 |
| Shareholders equity total | 101.00 | 653.00 | 973.95 | 646.03 | 394.17 |
| Balance sheet total (assets) | 1 507.00 | 2 309.00 | 1 807.09 | 1 477.20 | 1 341.88 |
| Net debt | - 976.00 | -1 752.00 | -1 119.04 | - 665.40 | - 379.04 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 16.2 % | 38.9 % | 23.9 % | -1.5 % | -0.5 % |
| ROE | 21.7 % | 146.4 % | 39.5 % | -3.4 % | 9.3 % |
| ROI | 495.0 % | 162.5 % | 55.2 % | -3.1 % | -1.1 % |
| Economic value added (EVA) | 198.16 | 573.43 | 288.18 | -70.59 | -37.61 |
| Solvency | |||||
| Equity ratio | 6.7 % | 26.5 % | 53.9 % | 43.7 % | 29.4 % |
| Gearing | 69.7 % | ||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.9 | 1.4 | 2.1 | 1.4 | 1.2 |
| Current ratio | 0.9 | 1.4 | 2.2 | 1.4 | 1.2 |
| Cash and cash equivalents | 976.00 | 1 752.00 | 1 119.04 | 665.40 | 653.60 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | BB |
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