Snow Software ApS — Credit Rating and Financial Key Figures

CVR number: 36082569
Ny Carlsberg Vej 80, 1799 København V

Company information

Official name
Snow Software ApS
Personnel
1 person
Established
2014
Company form
Private limited company
Industry

About Snow Software ApS

Snow Software ApS (CVR number: 36082569) is a company from KØBENHAVN. The company recorded a gross profit of 3510.3 kDKK in 2023. The operating profit was 248.2 kDKK, while net earnings were 1610.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent but Return on Equity (ROE) was 29 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 18.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Snow Software ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit8 099.986 784.894 534.876 989.913 510.28
EBIT574.44552.75355.78255.54248.20
Net earnings573.51769.381 369.001 183.241 610.07
Shareholders equity total1 419.712 189.093 558.094 741.336 351.40
Balance sheet total (assets)30 543.6051 515.5851 534.6445 163.3135 114.63
Net debt11 464.5728 705.0532 016.6431 777.8320 840.10
Profitability
EBIT-%
ROA3.0 %2.6 %3.5 %3.3 %5.2 %
ROE50.6 %42.6 %47.6 %28.5 %29.0 %
ROI5.4 %3.9 %4.6 %4.0 %6.3 %
Economic value added (EVA)498.23604.25478.89299.7435.52
Solvency
Equity ratio4.6 %4.2 %6.9 %10.5 %18.1 %
Gearing1153.9 %1594.9 %1057.0 %704.2 %345.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.71.20.60.40.4
Current ratio0.71.20.60.40.4
Cash and cash equivalents4 917.076 208.535 593.511 609.731 077.39
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:5.21%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.1%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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