Snapp Holding ApS — Credit Rating and Financial Key Figures

Snapp Holding ApS (CVR number: 39187159) is a company from REBILD. The company recorded a gross profit of -1.9 kDKK in 2020. The operating profit was -1.9 kDKK, while net earnings were 287.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 177.8 %, which can be considered excellent and Return on Equity (ROE) was 553.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26.9 %, 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. Snapp Holding ApS's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.