SNØDE HANDELSSELSKAB ApS — Credit Rating and Financial Key Figures

CVR number: 85520628
Mageløkken 17, Snøde 5953 Tranekær
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Credit rating

Company information

Official name
SNØDE HANDELSSELSKAB ApS
Established
1979
Domicile
Snøde
Company form
Private limited company
Industry

About SNØDE HANDELSSELSKAB ApS

SNØDE HANDELSSELSKAB ApS (CVR number: 85520628) is a company from LANGELAND. The company recorded a gross profit of 91.1 kDKK in 2024. The operating profit was 91.1 kDKK, while net earnings were 73.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.3 %, which can be considered decent and Return on Equity (ROE) was 4.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 96.3 %, 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 23.6 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit79.1985.52-83.6597.2791.10
EBIT35.0649.00- 129.3297.2791.10
Net earnings40.4359.22- 124.13124.3573.58
Shareholders equity total1 435.131 494.351 370.221 494.571 568.16
Balance sheet total (assets)1 568.091 626.511 502.501 575.071 628.66
Net debt- 594.02- 535.79- 780.63- 842.50- 824.90
Profitability
EBIT-%
ROA2.7 %3.7 %-7.9 %7.0 %6.3 %
ROE2.9 %4.0 %-8.7 %8.7 %4.8 %
ROI2.9 %3.9 %-8.4 %7.4 %6.6 %
Economic value added (EVA)-38.32-24.54- 206.31-1.6916.00
Solvency
Equity ratio91.5 %91.9 %91.2 %94.9 %96.3 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio9.39.913.817.123.6
Current ratio9.39.913.817.123.6
Cash and cash equivalents594.02535.79780.63842.50824.90
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:6.31%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.3%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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