Finance Zealand Management ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Finance Zealand Management ApS
Finance Zealand Management ApS (CVR number: 38550527) is a company from AARHUS. The company recorded a gross profit of -72.9 kDKK in 2023. The operating profit was -1344.2 kDKK, while net earnings were 24.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 826 %, which can be considered excellent and Return on Equity (ROE) was 839.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 77.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Finance Zealand Management ApS's liquidity measured by quick ratio was 0.7 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 430.00 | 75.00 | 234.00 | ||
Gross profit | 245.87 | - 257.74 | 87.07 | -89.13 | -72.92 |
EBIT | 245.87 | - 257.74 | 87.07 | -89.13 | -1 344.17 |
Net earnings | 151.65 | 2 383.69 | 5 200.93 | -3.14 | 24 079.30 |
Shareholders equity total | -2.03 | 432.16 | 5 633.09 | 5 629.95 | 109.24 |
Balance sheet total (assets) | 731.25 | 4 553.86 | 5 740.48 | 5 690.38 | 140.38 |
Net debt | - 555.62 | 2 635.52 | - 559.83 | - 554.62 | -11.88 |
Profitability | |||||
EBIT-% | 57.2 % | -343.7 % | 37.2 % | ||
ROA | 44.4 % | 90.4 % | 103.1 % | 0.0 % | 826.0 % |
ROE | 24.8 % | 409.8 % | 171.5 % | -0.1 % | 839.1 % |
ROI | 68.5 % | 107.8 % | 103.1 % | 0.0 % | 839.2 % |
Economic value added (EVA) | 236.57 | - 226.70 | 114.70 | - 338.03 | -1 593.18 |
Solvency | |||||
Equity ratio | -0.3 % | 9.5 % | 98.1 % | 98.9 % | 77.8 % |
Gearing | 925.6 % | ||||
Relative net indebtedness % | 41.3 % | 3676.3 % | -193.3 % | ||
Liquidity | |||||
Quick ratio | 0.9 | 11.7 | 52.3 | 92.2 | 0.7 |
Current ratio | 0.9 | 11.7 | 52.3 | 92.2 | 0.7 |
Cash and cash equivalents | 555.62 | 1 364.48 | 559.83 | 554.62 | 11.88 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -14.4 % | 1736.2 % | 2356.0 % | ||
Credit risk | |||||
Credit rating | BBB | BB | BBB | BBB | B |
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