Snowminds Group ApS — Credit Rating and Financial Key Figures

CVR number: 34621934
Refshalevej 151, 1432 København K
info@snowminds.dk
tel: 28993599
www.snowmindsgroup.com

Credit rating

Company information

Official name
Snowminds Group ApS
Established
2012
Company form
Private limited company
Industry

About Snowminds Group ApS

Snowminds Group ApS (CVR number: 34621934) is a company from KØBENHAVN. The company recorded a gross profit of -432.6 kDKK in 2023. The operating profit was -432.6 kDKK, while net earnings were -381.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.3 %, which can be considered poor and Return on Equity (ROE) was -6.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 46.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Snowminds Group ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales5 840.011 535.88
Gross profit5 830.631 526.51-12.20-11.16- 432.62
EBIT5 830.631 526.51-12.20-11.16- 432.62
Net earnings5 829.661 512.463 178.212 901.17- 381.36
Shareholders equity total12 509.9614 022.4213 200.634 498.267 990.89
Balance sheet total (assets)14 583.3616 126.0514 734.296 419.7317 272.35
Net debt- 266.79164.50313.32-2 656.894 857.49
Profitability
EBIT-%99.8 %99.4 %
ROA43.1 %9.9 %20.7 %28.3 %-3.3 %
ROE47.2 %11.4 %23.3 %32.8 %-6.1 %
ROI46.5 %11.3 %22.1 %30.9 %-4.1 %
Economic value added (EVA)6 030.612 096.44633.98524.54- 430.09
Solvency
Equity ratio85.8 %87.0 %89.6 %70.1 %46.3 %
Gearing1.6 %1.5 %10.7 %4.7 %60.9 %
Relative net indebtedness %27.5 %134.2 %
Liquidity
Quick ratio12.91.11.79.40.8
Current ratio12.91.11.79.40.8
Cash and cash equivalents466.9942.891 103.462 867.4112.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %41.6 %8.8 %
Credit risk
Credit ratingAAAAAAABBB

Variable visualization

ROA:-3.27%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:46.3%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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