SNICON ApS — Credit Rating and Financial Key Figures

SNICON ApS (CVR number: 28691025) is a company from TÅRNBY. The company recorded a gross profit of -22.9 kDKK in 2020. The operating profit was -39.2 kDKK, while net earnings were -41.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.3 %, which can be considered poor and Return on Equity (ROE) was -42.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 50.4 %, 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. SNICON ApS's liquidity measured by quick ratio was 2 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.