SnowWave ApS — Credit Rating and Financial Key Figures

SnowWave ApS (CVR number: 35232729) is a company from KØBENHAVN. The company recorded a gross profit of 59.7 kDKK in 2016. The operating profit was 59.7 kDKK, while net earnings were 36.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24 %, which can be considered excellent and Return on Equity (ROE) was 31.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45 %, 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. SnowWave ApS's liquidity measured by quick ratio was 1.8 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.