BETTER ORGANISATIONS A/S
Credit rating
Company information
About BETTER ORGANISATIONS A/S
BETTER ORGANISATIONS A/S (CVR number: 31771978) is a company from FREDENSBORG. The company recorded a gross profit of 896.6 kDKK in 2023. The operating profit was -147.5 kDKK, while net earnings were -124.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.3 %, which can be considered poor and Return on Equity (ROE) was -15.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 52.5 %, 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. BETTER ORGANISATIONS A/S's liquidity measured by quick ratio was 2.1 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 081.19 | 649.70 | 886.02 | 1 204.47 | 896.56 |
EBIT | 42.10 | 26.04 | - 142.13 | 236.42 | - 147.54 |
Net earnings | 52.47 | 41.18 | -91.17 | 201.35 | - 124.15 |
Shareholders equity total | 727.12 | 768.30 | 677.13 | 878.48 | 754.33 |
Balance sheet total (assets) | 1 729.87 | 1 420.91 | 1 481.34 | 1 712.68 | 1 436.92 |
Net debt | - 610.40 | - 600.96 | - 291.28 | - 950.99 | - 504.10 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.1 % | 3.5 % | -7.9 % | 16.6 % | -7.3 % |
ROE | 7.5 % | 5.5 % | -12.6 % | 25.9 % | -15.2 % |
ROI | 9.8 % | 7.4 % | -15.8 % | 34.2 % | -14.0 % |
Economic value added (EVA) | 15.65 | 14.33 | - 119.28 | 164.63 | - 119.07 |
Solvency | |||||
Equity ratio | 42.0 % | 54.1 % | 45.7 % | 51.3 % | 52.5 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.7 | 2.2 | 1.8 | 2.1 | 2.1 |
Current ratio | 1.7 | 2.2 | 1.8 | 2.1 | 2.1 |
Cash and cash equivalents | 610.40 | 600.96 | 291.28 | 950.99 | 504.10 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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