Zealand Electric ApS — Credit Rating and Financial Key Figures

Zealand Electric ApS (CVR number: 43280414) is a company from HELSINGØR. The company recorded a gross profit of 761.5 kDKK in 2023. The operating profit was 52.1 kDKK, while net earnings were 40.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.7 %, which can be considered excellent and Return on Equity (ROE) was 50.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.6 %, 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. Zealand Electric ApS's liquidity measured by quick ratio was 1.6 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.