Snipniff Brewing ApS — Credit Rating and Financial Key Figures

Snipniff Brewing ApS (CVR number: 42115835) is a company from ROSKILDE. The company recorded a gross profit of 78.1 kDKK in 2023. The operating profit was -59.7 kDKK, while net earnings were -47.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.9 %, which can be considered poor and Return on Equity (ROE) was -14.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -35.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Snipniff Brewing ApS's liquidity measured by quick ratio was 4.4 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.