Snack & Blues ApS — Credit Rating and Financial Key Figures

Snack & Blues ApS (CVR number: 38496360) is a company from KØBENHAVN. The company recorded a gross profit of 1804.8 kDKK in 2020. The operating profit was 208.5 kDKK, while net earnings were 141.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.5 %, which can be considered good but Return on Equity (ROE) was 65.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 15.4 %, 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. Snack & Blues ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.