Sweet Biz ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Sweet Biz ApS
Sweet Biz ApS (CVR number: 39388820) is a company from KØBENHAVN. The company recorded a gross profit of -6.2 kDKK in 2022. The operating profit was -6.2 kDKK, while net earnings were -4.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.1 %, which can be considered poor and Return on Equity (ROE) was -8.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Sweet Biz ApS's liquidity measured by quick ratio was 2.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 110.13 | -1.31 | -9.66 | -6.19 | |
EBIT | 26.69 | -1.80 | -0.86 | -6.19 | |
Net earnings | 20.36 | -2.10 | -6.99 | -4.94 | |
Shareholders equity total | 70.36 | 68.26 | 61.27 | 58.46 | 53.51 |
Balance sheet total (assets) | 89.22 | 86.02 | 71.71 | 68.90 | 83.37 |
Net debt | -78.22 | -35.02 | -27.31 | -4.29 | -0.69 |
Profitability | |||||
EBIT-% | |||||
ROA | 29.9 % | -2.1 % | -1.1 % | -8.1 % | |
ROE | 28.9 % | -3.0 % | -10.8 % | -8.8 % | |
ROI | 37.9 % | -2.6 % | -1.3 % | -9.8 % | |
Economic value added (EVA) | 20.84 | -1.40 | -2.53 | -1.71 | -7.57 |
Solvency | |||||
Equity ratio | 78.9 % | 79.4 % | 85.4 % | 84.8 % | 64.2 % |
Gearing | 26.2 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.7 | 4.8 | 6.9 | 6.6 | 2.8 |
Current ratio | 4.7 | 4.8 | 6.9 | 6.6 | 2.8 |
Cash and cash equivalents | 78.22 | 35.02 | 27.31 | 4.29 | 14.70 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | B | BB | BB |
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