Ztove ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Ztove ApS
Ztove ApS (CVR number: 38613421) is a company from ODENSE. The company recorded a gross profit of -1175.4 kDKK in 2023. The operating profit was -3487.2 kDKK, while net earnings were -4534.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -90 %, which can be considered poor and Return on Equity (ROE) was -111.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -15 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Ztove ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 605.31 | -1 171.61 | - 946.64 | -2 652.59 | -1 175.41 |
EBIT | -4 241.36 | -3 804.98 | -3 363.58 | -5 733.04 | -3 487.17 |
Net earnings | -3 246.65 | -2 832.36 | -2 724.18 | -5 736.96 | -4 534.76 |
Shareholders equity total | 908.77 | -1 923.59 | 1 352.23 | - 384.73 | - 906.68 |
Balance sheet total (assets) | 1 324.63 | 1 848.36 | 4 596.55 | 2 989.27 | 5 144.89 |
Net debt | -99.66 | 2 894.51 | - 798.52 | - 275.30 | - 816.37 |
Profitability | |||||
EBIT-% | |||||
ROA | -186.7 % | -133.1 % | -74.4 % | -141.9 % | -90.0 % |
ROE | -199.7 % | -205.5 % | -170.2 % | -264.3 % | -111.5 % |
ROI | -207.1 % | -156.4 % | -84.3 % | -223.1 % | -228.0 % |
Economic value added (EVA) | -3 157.57 | -2 973.40 | -2 802.48 | -5 624.56 | -3 126.83 |
Solvency | |||||
Equity ratio | 68.6 % | -51.0 % | 29.4 % | -11.4 % | -15.0 % |
Gearing | 0.0 % | -161.4 % | 50.5 % | -257.9 % | -300.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.4 | 2.0 | 2.5 | 1.0 | 1.2 |
Current ratio | 3.4 | 2.2 | 3.1 | 1.5 | 1.2 |
Cash and cash equivalents | 99.94 | 209.91 | 1 481.68 | 1 267.45 | 3 543.28 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | B | B |
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