Ziig Workshop ApS — Credit Rating and Financial Key Figures

CVR number: 38860321
Nylandsvej 36, 6940 Lem St
louisesiig.com

Credit rating

Company information

Official name
Ziig Workshop ApS
Established
2017
Company form
Private limited company
Industry
  • Expand more icon74Other professional, scientific and technical activities

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20182019202020212022
Volume
Net sales
Gross profit189.3816.212.585.77-10.31
EBIT95.44-52.043.775.77-10.31
Net earnings74.12-42.352.744.22-8.26
Shareholders equity total74.1231.7734.5038.7230.46
Balance sheet total (assets)127.8045.0152.5357.4648.77
Net debt-63.51-23.49-39.52-45.64-34.60
Profitability
EBIT-%
ROA74.7 %-60.2 %7.7 %10.5 %-19.4 %
ROE100.0 %-80.0 %8.3 %11.5 %-23.9 %
ROI128.8 %-97.9 %11.2 %15.6 %-29.4 %
Economic value added (EVA)74.43-39.003.374.78-7.65
Solvency
Equity ratio58.0 %70.6 %65.7 %67.4 %62.4 %
Gearing1.3 %1.2 %1.1 %1.4 %
Relative net indebtedness %
Liquidity
Quick ratio2.43.42.93.12.7
Current ratio2.43.42.93.12.7
Cash and cash equivalents63.5123.9139.9446.0635.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-19.4%
Rating: 1/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.4%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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