Snapp Invest ApS — Credit Rating and Financial Key Figures

Snapp Invest ApS (CVR number: 39631989) is a company from AALBORG. The company recorded a gross profit of -2.6 kDKK in 2020. The operating profit was -2.6 kDKK, while net earnings were 254.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 78.3 %, which can be considered excellent and Return on Equity (ROE) was 578.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 13.6 %, 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. Snapp Invest ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.