Betafunk ApS — Credit Rating and Financial Key Figures

CVR number: 38497650
H. P. Christensensvej 5, 4180 Sorø
mikkel@betafunk.dk

Credit rating

Company information

Official name
Betafunk ApS
Personnel
1 person
Established
2017
Company form
Private limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales698.14965.461 189.681 209.001 655.47
Gross profit626.38908.351 132.641 166.261 555.40
EBIT491.64311.84430.64142.49551.45
Net earnings381.43252.35426.20-4.66425.18
Shareholders equity total517.36614.51930.88700.34851.44
Balance sheet total (assets)631.91635.15966.67817.201 053.33
Net debt- 623.16- 417.46- 559.49- 562.31- 625.33
Profitability
EBIT-%70.4 %32.3 %36.2 %11.8 %33.3 %
ROA149.7 %51.8 %65.3 %34.1 %59.4 %
ROE139.8 %44.6 %55.2 %-0.6 %54.8 %
ROI180.0 %58.0 %67.7 %-0.1 %70.6 %
Economic value added (EVA)382.85248.55344.08123.83423.19
Solvency
Equity ratio81.9 %96.7 %96.3 %85.7 %80.8 %
Gearing
Relative net indebtedness %-72.9 %-41.1 %-44.0 %-36.8 %-25.6 %
Liquidity
Quick ratio5.420.215.64.84.0
Current ratio5.420.215.64.84.0
Cash and cash equivalents623.16417.46559.49562.31625.33
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 ratingBBBBBBBBBBBBBB

Variable visualization

ROA:59.4%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:80.8%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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