Sneakers & Coffee IVS — Credit Rating and Financial Key Figures

Sneakers & Coffee IVS (CVR number: 37200751) is a company from KØBENHAVN. The company reported a net sales of 0.9 mDKK in 2017, demonstrating a growth of 30.6 % compared to the previous year. The operating profit percentage was at 22.4 % (EBIT: 0.2 mDKK), while net earnings were 139.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 46.4 %, which can be considered excellent and Return on Equity (ROE) was 60.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22.9 %, 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. Sneakers & Coffee IVS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.