Zicon IVS — Credit Rating and Financial Key Figures

Zicon IVS (CVR number: 40251952) is a company from AARHUS. The company recorded a gross profit of 99.9 kDKK in 2020. The operating profit was -102.7 kDKK, while net earnings were -105 kDKK. The profitability of the company measured by Return on Assets (ROA) was -67.8 %, which can be considered poor and Return on Equity (ROE) was -176.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 22.3 %, 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. Zicon IVS's liquidity measured by quick ratio was 1.3 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.