Ziig Workshop ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Ziig Workshop ApS
Ziig Workshop ApS (CVR number: 38860321) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of -10.3 kDKK in 2022. The operating profit was -10.3 kDKK, while net earnings were -8.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -19.4 %, which can be considered poor and Return on Equity (ROE) was -23.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 62.4 %, 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. Ziig Workshop ApS's liquidity measured by quick ratio was 2.7 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 financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 189.38 | 16.21 | 2.58 | 5.77 | -10.31 |
EBIT | 95.44 | -52.04 | 3.77 | 5.77 | -10.31 |
Net earnings | 74.12 | -42.35 | 2.74 | 4.22 | -8.26 |
Shareholders equity total | 74.12 | 31.77 | 34.50 | 38.72 | 30.46 |
Balance sheet total (assets) | 127.80 | 45.01 | 52.53 | 57.46 | 48.77 |
Net debt | -63.51 | -23.49 | -39.52 | -45.64 | -34.60 |
Profitability | |||||
EBIT-% | |||||
ROA | 74.7 % | -60.2 % | 7.7 % | 10.5 % | -19.4 % |
ROE | 100.0 % | -80.0 % | 8.3 % | 11.5 % | -23.9 % |
ROI | 128.8 % | -97.9 % | 11.2 % | 15.6 % | -29.4 % |
Economic value added (EVA) | 74.43 | -39.00 | 3.37 | 4.78 | -7.65 |
Solvency | |||||
Equity ratio | 58.0 % | 70.6 % | 65.7 % | 67.4 % | 62.4 % |
Gearing | 1.3 % | 1.2 % | 1.1 % | 1.4 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.4 | 3.4 | 2.9 | 3.1 | 2.7 |
Current ratio | 2.4 | 3.4 | 2.9 | 3.1 | 2.7 |
Cash and cash equivalents | 63.51 | 23.91 | 39.94 | 46.06 | 35.02 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | B | B | BB | BB |
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