SWEETIES ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SWEETIES ApS
SWEETIES ApS (CVR number: 35488030) is a company from KØBENHAVN. The company recorded a gross profit of 520.9 kDKK in 2023. The operating profit was -129.3 kDKK, while net earnings were -100.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -20.7 %, which can be considered poor and Return on Equity (ROE) was -29.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -50.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. SWEETIES ApS's liquidity measured by quick ratio was 0.5 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 | |||||
Gross profit | 689.87 | 537.51 | 488.84 | 520.87 | |
EBIT | - 133.66 | 7.33 | -81.92 | 4.55 | - 129.30 |
Net earnings | - 104.24 | 5.61 | -64.19 | 3.23 | - 100.83 |
Shareholders equity total | - 174.01 | - 168.40 | - 232.59 | - 229.36 | - 330.19 |
Balance sheet total (assets) | 599.68 | 519.66 | 391.27 | 370.16 | 322.40 |
Net debt | 546.43 | 380.52 | 460.87 | 466.45 | 468.85 |
Profitability | |||||
EBIT-% | |||||
ROA | -16.7 % | 1.0 % | -12.5 % | 0.7 % | -20.7 % |
ROE | -15.4 % | 1.0 % | -14.1 % | 0.8 % | -29.1 % |
ROI | -22.1 % | 1.3 % | -17.1 % | 0.9 % | -25.2 % |
Economic value added (EVA) | -91.71 | 17.34 | -50.12 | 16.75 | -86.92 |
Solvency | |||||
Equity ratio | -22.5 % | -24.5 % | -37.3 % | -38.3 % | -50.6 % |
Gearing | -346.7 % | -288.7 % | -202.5 % | -224.1 % | -155.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 0.7 | 0.4 | 0.9 | 0.5 |
Current ratio | 2.7 | 2.0 | 2.1 | 3.9 | 2.3 |
Cash and cash equivalents | 56.93 | 105.73 | 10.24 | 47.47 | 45.07 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BB | BB | BB |
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