BETTER COLLECTIVE A/S — Credit Rating and Financial Key Figures

BETTER COLLECTIVE A/S (CVR number: 27652913) is a company from KØBENHAVN. The company reported a net sales of 25 mEUR in 2019, demonstrating a growth of 5.2 % compared to the previous year. The operating profit percentage was at 19.4 % (EBIT: 4.9 mEUR), while net earnings were 15.3 mEUR. The profitability of the company measured by Return on Assets (ROA) was 13.2 %, which can be considered good and Return on Equity (ROE) was 14.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 73.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. BETTER COLLECTIVE A/S's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.