ZyXEL Networks A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ZyXEL Networks A/S
ZyXEL Networks A/S (CVR number: 40407960) is a company from GLADSAXE. The company reported a net sales of 95.8 mEUR in 2023, demonstrating a decline of -10.2 % compared to the previous year. The operating profit percentage was at 1.5 % (EBIT: 1.4 mEUR), while net earnings were 436 kEUR. The profitability of the company measured by Return on Assets (ROA) was 2.5 %, which can be considered weak and Return on Equity (ROE) was 2.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 32 %, 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. ZyXEL Networks A/S's liquidity measured by quick ratio was 0.8 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 (mEUR)
EBIT (mEUR)
Profitability
Solidity
Key figures (mEUR)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 61.06 | 81.36 | 91.80 | 106.77 | 95.84 |
Gross profit | 11.15 | 20.94 | 23.36 | 24.26 | 23.83 |
EBIT | 0.39 | 1.84 | 3.07 | 2.45 | 1.44 |
Net earnings | -0.28 | 1.02 | 2.56 | 1.87 | 0.44 |
Shareholders equity total | -10.76 | -11.85 | -14.39 | 16.26 | 16.08 |
Balance sheet total (assets) | 52.88 | 52.39 | 52.37 | 63.68 | 49.43 |
Net debt | 29.70 | 33.83 | 23.35 | ||
Profitability | |||||
EBIT-% | 0.6 % | 2.3 % | 3.3 % | 2.3 % | 1.5 % |
ROA | -0.2 % | 2.9 % | 4.7 % | 4.0 % | 2.5 % |
ROE | -0.9 % | 9.7 % | -19.5 % | 200.0 % | 2.7 % |
ROI | -0.2 % | 3.0 % | 4.7 % | 4.2 % | 2.7 % |
Economic value added (EVA) | 0.31 | 1.76 | 3.66 | 2.70 | 0.69 |
Solvency | |||||
Equity ratio | -24.7 % | 25.4 % | 32.0 % | ||
Gearing | -322.0 % | 239.4 % | 165.5 % | ||
Relative net indebtedness % | 60.9 % | 38.0 % | 29.3 % | ||
Liquidity | |||||
Quick ratio | 0.7 | 0.6 | 0.8 | ||
Current ratio | 1.2 | 1.3 | 1.5 | ||
Cash and cash equivalents | 4.96 | 5.11 | 3.26 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | 62.9 | 69.6 | 77.4 | ||
Net working capital % | 11.1 % | 12.1 % | 16.2 % | ||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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