Better Treatment ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Better Treatment ApS
Better Treatment ApS (CVR number: 40081755) is a company from RØDOVRE. The company recorded a gross profit of 2665.3 kDKK in 2023. The operating profit was 14.5 kDKK, while net earnings were -4.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak but Return on Equity (ROE) was -1.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 40.4 %, 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 Treatment ApS's liquidity measured by quick ratio was 1.7 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 | 284.96 | 1 337.86 | 1 805.69 | 2 079.34 | 2 665.30 |
EBIT | 97.79 | 153.16 | 92.91 | 360.53 | 14.47 |
Net earnings | 72.85 | 113.66 | 65.50 | 268.87 | -4.11 |
Shareholders equity total | 122.85 | 236.51 | 262.01 | 340.88 | 336.76 |
Balance sheet total (assets) | 351.53 | 516.17 | 514.29 | 723.88 | 833.38 |
Net debt | - 128.95 | - 167.59 | - 187.61 | - 487.73 | - 519.91 |
Profitability | |||||
EBIT-% | |||||
ROA | 28.3 % | 35.4 % | 18.1 % | 58.4 % | 2.4 % |
ROE | 59.3 % | 63.3 % | 26.3 % | 89.2 % | -1.2 % |
ROI | 81.0 % | 85.4 % | 37.4 % | 111.0 % | 4.6 % |
Economic value added (EVA) | 76.29 | 119.78 | 68.46 | 273.16 | 20.06 |
Solvency | |||||
Equity ratio | 34.9 % | 45.8 % | 50.9 % | 47.1 % | 40.4 % |
Gearing | 14.1 % | 26.6 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.5 | 1.8 | 2.0 | 1.9 | 1.7 |
Current ratio | 1.5 | 1.8 | 2.0 | 1.9 | 1.7 |
Cash and cash equivalents | 128.95 | 167.59 | 187.61 | 535.67 | 609.54 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BB |
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