Betafunk ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Betafunk ApS
Betafunk ApS (CVR number: 38497650) is a company from SORØ. The company reported a net sales of 1.7 mDKK in 2023, demonstrating a growth of 36.9 % compared to the previous year. The operating profit percentage was at 33.3 % (EBIT: 0.6 mDKK), while net earnings were 425.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 59.4 %, which can be considered excellent and Return on Equity (ROE) was 54.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 80.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Betafunk ApS's liquidity measured by quick ratio was 4 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 698.14 | 965.46 | 1 189.68 | 1 209.00 | 1 655.47 |
Gross profit | 626.38 | 908.35 | 1 132.64 | 1 166.26 | 1 555.40 |
EBIT | 491.64 | 311.84 | 430.64 | 142.49 | 551.45 |
Net earnings | 381.43 | 252.35 | 426.20 | -4.66 | 425.18 |
Shareholders equity total | 517.36 | 614.51 | 930.88 | 700.34 | 851.44 |
Balance sheet total (assets) | 631.91 | 635.15 | 966.67 | 817.20 | 1 053.33 |
Net debt | - 623.16 | - 417.46 | - 559.49 | - 562.31 | - 625.33 |
Profitability | |||||
EBIT-% | 70.4 % | 32.3 % | 36.2 % | 11.8 % | 33.3 % |
ROA | 149.7 % | 51.8 % | 65.3 % | 34.1 % | 59.4 % |
ROE | 139.8 % | 44.6 % | 55.2 % | -0.6 % | 54.8 % |
ROI | 180.0 % | 58.0 % | 67.7 % | -0.1 % | 70.6 % |
Economic value added (EVA) | 382.85 | 248.55 | 344.08 | 123.83 | 423.19 |
Solvency | |||||
Equity ratio | 81.9 % | 96.7 % | 96.3 % | 85.7 % | 80.8 % |
Gearing | |||||
Relative net indebtedness % | -72.9 % | -41.1 % | -44.0 % | -36.8 % | -25.6 % |
Liquidity | |||||
Quick ratio | 5.4 | 20.2 | 15.6 | 4.8 | 4.0 |
Current ratio | 5.4 | 20.2 | 15.6 | 4.8 | 4.0 |
Cash and cash equivalents | 623.16 | 417.46 | 559.49 | 562.31 | 625.33 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 38.9 | ||||
Net working capital % | 72.9 % | 41.1 % | 44.0 % | 36.8 % | 36.2 % |
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BBB |
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