Zweidorff Therkelsen Holding IVS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Zweidorff Therkelsen Holding IVS
Zweidorff Therkelsen Holding IVS (CVR number: 38117009) is a company from SKANDERBORG. The company reported a net sales of 0 mDKK in 2019, demonstrating a decline of -40 % compared to the previous year. The operating profit percentage was poor at -211.5 % (EBIT: -0 mDKK), while net earnings were -28.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.5 %, which can be considered poor and Return on Equity (ROE) was -14.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Zweidorff Therkelsen Holding IVS's liquidity measured by quick ratio was 4 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | 2019 | |
|---|---|---|---|
| Volume | |||
| Net sales | 22.50 | 13.50 | |
| Gross profit | -3.17 | 22.50 | 13.50 |
| EBIT | -3.17 | 3.00 | -28.55 |
| Net earnings | -3.17 | 162.00 | -28.55 |
| Shareholders equity total | 46.83 | 208.83 | 180.28 |
| Balance sheet total (assets) | 310.00 | 272.00 | 183.45 |
| Net debt | 193.17 | - 102.00 | -0.36 |
| Profitability | |||
| EBIT-% | 13.3 % | -211.5 % | |
| ROA | -1.0 % | 55.7 % | -12.5 % |
| ROE | -6.8 % | 126.7 % | -14.7 % |
| ROI | -1.3 % | 70.6 % | -14.7 % |
| Economic value added (EVA) | -3.17 | 16.22 | -30.70 |
| Solvency | |||
| Equity ratio | 15.1 % | 76.8 % | 98.3 % |
| Gearing | 433.9 % | ||
| Relative net indebtedness % | -172.6 % | 20.8 % | |
| Liquidity | |||
| Quick ratio | 0.0 | 2.4 | 4.0 |
| Current ratio | 0.0 | 2.4 | 4.0 |
| Cash and cash equivalents | 10.00 | 102.00 | 0.36 |
| Capital use efficiency | |||
| Trade debtors turnover (days) | 365.0 | ||
| Net working capital % | 383.7 % | 71.4 % | |
| Credit risk | |||
| Credit rating | BBB | BBB | BB |
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