Snedkerens Sønner ApS — Credit Rating and Financial Key Figures

Snedkerens Sønner ApS (CVR number: 43219197) is a company from AABENRAA. The company recorded a gross profit of -367.9 kDKK in 2023. The operating profit was -1858 kDKK, while net earnings were 92.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.7 %, which can be considered good but Return on Equity (ROE) was 6.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at -1.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Snedkerens Sønner ApS's liquidity measured by quick ratio was 1.4 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.