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BETTER COLLECTIVE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About BETTER COLLECTIVE A/S
BETTER COLLECTIVE A/S (CVR number: 27652913K) is a company from KØBENHAVN. The company reported a net sales of 336.7 mEUR in 2025, demonstrating a decline of -9.4 % compared to the previous year. The operating profit percentage was at 15.1 % (EBIT: 51 mEUR), while net earnings were 23.6 mEUR. The profitability of the company measured by Return on Assets (ROA) was 5 %, which can be considered decent but Return on Equity (ROE) was 3.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 58.7 %, 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 COLLECTIVE A/S's liquidity measured by quick ratio was 1.6 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 (mEUR)
EBIT (mEUR)
Profitability
Solidity
Key figures (mEUR)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 177.05 | 269.30 | 326.69 | 371.49 | 336.67 |
| Gross profit | 112.19 | 177.07 | 227.39 | 264.32 | 234.73 |
| EBIT | 28.75 | 70.35 | 80.89 | 61.45 | 50.97 |
| Net earnings | 17.29 | 48.08 | 39.84 | 34.01 | 23.59 |
| Shareholders equity total | 344.85 | 412.92 | 435.27 | 685.93 | 631.00 |
| Balance sheet total (assets) | 597.38 | 785.23 | 937.86 | 1 172.12 | 1 074.12 |
| Net debt | -20.90 | -4.63 | 18.39 | -10.75 | 3.51 |
| Profitability | |||||
| EBIT-% | 16.2 % | 26.1 % | 24.8 % | 16.5 % | 15.1 % |
| ROA | 7.0 % | 10.8 % | 10.1 % | 6.5 % | 5.0 % |
| ROE | 6.8 % | 12.7 % | 9.4 % | 6.1 % | 3.6 % |
| ROI | 8.5 % | 12.9 % | 11.7 % | 7.4 % | 5.7 % |
| Economic value added (EVA) | 10.09 | 34.05 | 33.12 | 22.97 | 1.89 |
| Solvency | |||||
| Equity ratio | 57.7 % | 52.6 % | 46.4 % | 58.5 % | 58.7 % |
| Gearing | 3.1 % | 6.5 % | 14.2 % | 3.9 % | 2.7 % |
| Relative net indebtedness % | 124.8 % | 126.6 % | 140.5 % | 120.7 % | 127.6 % |
| Liquidity | |||||
| Quick ratio | 1.1 | 1.5 | 1.0 | 1.5 | 1.6 |
| Current ratio | 1.1 | 1.5 | 1.0 | 1.5 | 1.6 |
| Cash and cash equivalents | 31.58 | 31.50 | 43.55 | 37.67 | 13.49 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 62.0 | 72.1 | 54.7 | 62.6 | 79.8 |
| Net working capital % | 4.2 % | 11.1 % | 0.7 % | 10.0 % | 11.3 % |
| Credit risk | |||||
| Credit rating | AA | AA | AA | A | AA |
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