SNØDE HANDELSSELSKAB ApS — Credit Rating and Financial Key Figures

SNØDE HANDELSSELSKAB ApS (CVR number: 85520628) is a company from LANGELAND. The company recorded a gross profit of 97.3 kDKK in 2023. The operating profit was 76.6 kDKK, while net earnings were 124.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.6 %, which can be considered decent but Return on Equity (ROE) was 8.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 94.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SNØDE HANDELSSELSKAB ApS's liquidity measured by quick ratio was 17.1 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.