Snitgrønt.dk ApS — Credit Rating and Financial Key Figures

CVR number: 38743732
Holkebjergvej 100, Højme 5250 Odense SV
lundsgaard-frugt@mail.dk
tel: 21273301
snitgrønt.dk

Credit rating

Company information

Official name
Snitgrønt.dk ApS
Personnel
7 persons
Established
2017
Domicile
Højme
Company form
Private limited company
Industry
  • Expand more icon10Manufacture of food products

About Snitgrønt.dk ApS

Snitgrønt.dk ApS (CVR number: 38743732) is a company from ODENSE. The company recorded a gross profit of 1853.5 kDKK in 2023. The operating profit was 520.6 kDKK, while net earnings were 417 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.5 %, which can be considered excellent and Return on Equity (ROE) was 36.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -45.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Snitgrønt.dk ApS's liquidity measured by quick ratio was 0.3 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 profit2 387.281 389.571 815.501 884.201 853.50
EBIT-74.72- 670.02- 134.99- 465.28520.57
Net earnings-86.00- 736.89- 213.18- 533.03416.96
Shareholders equity total147.33- 589.56- 802.74-1 335.77- 918.81
Balance sheet total (assets)2 267.091 751.501 580.371 210.491 099.80
Net debt431.61891.05457.71699.69567.41
Profitability
EBIT-%
ROA-3.1 %-29.1 %-5.7 %-18.7 %24.5 %
ROE-45.2 %-77.6 %-12.8 %-38.2 %36.1 %
ROI-9.1 %-76.4 %-15.6 %-60.3 %68.1 %
Economic value added (EVA)-68.27- 671.03- 112.67- 422.38590.14
Solvency
Equity ratio6.5 %-25.2 %-33.8 %-52.5 %-45.5 %
Gearing326.8 %-159.5 %-63.4 %-56.0 %-67.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.30.40.20.3
Current ratio0.50.40.40.20.3
Cash and cash equivalents49.8649.5351.1048.7148.71
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:24.5%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-45.5%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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