Snedkerbyg IVS — Credit Rating and Financial Key Figures

Snedkerbyg IVS (CVR number: 37666181) is a company from EGEDAL. The company reported a net sales of 1.7 mDKK in 2018, demonstrating a growth of 208.4 % compared to the previous year. The operating profit percentage was at 4.1 % (EBIT: 0.1 mDKK), while net earnings were 37.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.3 %, which can be considered good and Return on Equity (ROE) was 12.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 23.2 %, 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. Snedkerbyg IVS'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.