Snowminds Group ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 5 840.01 | 1 535.88 | |||
Gross profit | 5 830.63 | 1 526.51 | -12.20 | -11.16 | - 432.62 |
EBIT | 5 830.63 | 1 526.51 | -12.20 | -11.16 | - 432.62 |
Net earnings | 5 829.66 | 1 512.46 | 3 178.21 | 2 901.17 | - 381.36 |
Shareholders equity total | 12 509.96 | 14 022.42 | 13 200.63 | 4 498.26 | 7 990.89 |
Balance sheet total (assets) | 14 583.36 | 16 126.05 | 14 734.29 | 6 419.73 | 17 272.35 |
Net debt | - 266.79 | 164.50 | 313.32 | -2 656.89 | 4 857.49 |
Profitability | |||||
EBIT-% | 99.8 % | 99.4 % | |||
ROA | 43.1 % | 9.9 % | 20.7 % | 28.3 % | -3.3 % |
ROE | 47.2 % | 11.4 % | 23.3 % | 32.8 % | -6.1 % |
ROI | 46.5 % | 11.3 % | 22.1 % | 30.9 % | -4.1 % |
Economic value added (EVA) | 6 030.61 | 2 096.44 | 633.98 | 524.54 | - 430.09 |
Solvency | |||||
Equity ratio | 85.8 % | 87.0 % | 89.6 % | 70.1 % | 46.3 % |
Gearing | 1.6 % | 1.5 % | 10.7 % | 4.7 % | 60.9 % |
Relative net indebtedness % | 27.5 % | 134.2 % | |||
Liquidity | |||||
Quick ratio | 12.9 | 1.1 | 1.7 | 9.4 | 0.8 |
Current ratio | 12.9 | 1.1 | 1.7 | 9.4 | 0.8 |
Cash and cash equivalents | 466.99 | 42.89 | 1 103.46 | 2 867.41 | 12.22 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 41.6 % | 8.8 % | |||
Credit risk | |||||
Credit rating | AA | AA | AA | A | BBB |
Variable visualization
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