Sweet´s ApS — Credit Rating and Financial Key Figures

CVR number: 37803731
Vesterbrogade 169, 1800 Frederiksberg C

Credit rating

Company information

Official name
Sweet´s ApS
Personnel
3 persons
Established
2016
Company form
Private limited company
Industry
  • Expand more icon10Manufacture of food products

About Sweet´s ApS

Sweet´s ApS (CVR number: 37803731) is a company from FREDERIKSBERG. The company recorded a gross profit of 312.7 kDKK in 2021. The operating profit was 62.2 kDKK, while net earnings were -172.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 57.5 %, which can be considered excellent but Return on Equity (ROE) was -79.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -74.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Sweet´s ApS's liquidity measured by quick ratio was 0.2 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2017
2018
2019
2020
2021
Volume
Net sales
Gross profit-69.2071.47238.78172.95312.70
EBIT- 143.35- 173.37162.48-25.7862.22
Net earnings- 117.27- 218.63145.39-46.12- 172.64
Shareholders equity total-67.27- 285.91- 140.52- 186.64- 359.28
Balance sheet total (assets)152.42123.04380.08315.16120.08
Net debt95.73299.39354.05-38.46-40.59
Profitability
EBIT-%
ROA-65.2 %-55.2 %35.0 %-5.0 %57.5 %
ROE-76.9 %-158.7 %57.8 %-13.3 %-79.3 %
ROI-86.8 %-74.3 %47.6 %-13.5 %
Economic value added (EVA)- 111.85- 197.34176.96-17.3473.53
Solvency
Equity ratio-30.6 %-69.9 %-27.0 %-37.2 %-74.9 %
Gearing-245.5 %-105.5 %-271.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.00.10.10.2
Current ratio0.60.00.10.10.2
Cash and cash equivalents69.442.3027.3638.4640.59
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:57.5%
Rating: 99/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-74.9%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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