Snap Denmark ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Snap Denmark ApS
Snap Denmark ApS (CVR number: 42967548) is a company from KØBENHAVN. The company reported a net sales of 21.9 mDKK in 2024, demonstrating a growth of 22.4 % compared to the previous year. The operating profit percentage was at 7.4 % (EBIT: 1.6 mDKK), while net earnings were 1245.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 41.3 %, which can be considered excellent and Return on Equity (ROE) was 107.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 27.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Snap Denmark ApS's liquidity measured by quick ratio was 1.3 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.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | 2024 | |
---|---|---|---|
Volume | |||
Net sales | 8 961.95 | 17 853.25 | 21 855.02 |
Gross profit | 7 350.75 | 12 234.32 | 17 569.02 |
EBIT | 648.79 | 1 346.85 | 1 612.05 |
Net earnings | 480.75 | 1 012.89 | 1 245.59 |
Shareholders equity total | 520.75 | 1 533.63 | 779.22 |
Balance sheet total (assets) | 2 665.23 | 4 966.51 | 2 869.13 |
Net debt | 13.15 | 28.10 | 40.91 |
Profitability | |||
EBIT-% | 7.2 % | 7.5 % | 7.4 % |
ROA | 24.3 % | 35.3 % | 41.3 % |
ROE | 92.3 % | 98.6 % | 107.7 % |
ROI | 119.2 % | 128.0 % | 135.4 % |
Economic value added (EVA) | 482.69 | 1 010.24 | 1 164.59 |
Solvency | |||
Equity ratio | 19.5 % | 30.9 % | 27.2 % |
Gearing | 2.5 % | 1.8 % | 6.6 % |
Relative net indebtedness % | 23.8 % | 19.2 % | 9.5 % |
Liquidity | |||
Quick ratio | 1.1 | 1.3 | 1.3 |
Current ratio | 1.1 | 1.3 | 1.3 |
Cash and cash equivalents | 10.27 | ||
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | 1.7 % | 6.6 % | 3.0 % |
Credit risk | |||
Credit rating | BB | BBB | BB |
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