Snoer Træ ApS — Credit Rating and Financial Key Figures

CVR number: 39555204
Lærkevej 13, 2400 København NV

Credit rating

Company information

Official name
Snoer Træ ApS
Personnel
11 persons
Established
2018
Company form
Private limited company
Industry

About Snoer Træ ApS

Snoer Træ ApS (CVR number: 39555204) is a company from KØBENHAVN. The company recorded a gross profit of 4994.7 kDKK in 2023. The operating profit was 308.6 kDKK, while net earnings were 280 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.6 %, which can be considered good but Return on Equity (ROE) was 145.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 11.4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Snoer Træ ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit4 886.995 112.343 880.735 136.694 994.74
EBIT342.19924.85- 606.82- 138.59308.63
Net earnings332.84714.92- 554.90- 111.96280.03
Shareholders equity total1 004.401 719.33164.4252.46332.50
Balance sheet total (assets)2 695.493 386.882 518.732 460.122 923.66
Net debt- 454.40-1 126.53- 165.22- 995.441 419.79
Profitability
EBIT-%
ROA14.3 %30.4 %-20.6 %-5.5 %11.6 %
ROE39.7 %52.5 %-58.9 %-103.2 %145.5 %
ROI32.1 %53.8 %-43.8 %-41.2 %32.4 %
Economic value added (EVA)322.17693.65- 565.52- 105.72349.76
Solvency
Equity ratio37.3 %50.8 %6.5 %2.1 %11.4 %
Gearing462.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.52.41.11.11.0
Current ratio1.62.51.21.21.1
Cash and cash equivalents454.401 126.53165.22995.44118.71
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBB

Variable visualization

ROA:11.6%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:11.4%
Rating: 11/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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