BeCause ApS — Credit Rating and Financial Key Figures

CVR number: 39745267
Njalsgade 21 E, 2300 København S
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Credit rating

Company information

Official name
BeCause ApS
Personnel
21 persons
Established
2018
Company form
Private limited company
Industry

About BeCause ApS

BeCause ApS (CVR number: 39745267) is a company from KØBENHAVN. The company recorded a gross profit of -234.3 kDKK in 2023. The operating profit was -3680.4 kDKK, while net earnings were -3700.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -37.1 %, which can be considered poor and Return on Equity (ROE) was -81.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 50.9 %, 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. BeCause 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit272.29311.04756.381 552.38- 234.30
EBIT-0.28-29.87-46.30- 697.53-3 680.43
Net earnings-0.46-33.16-52.58- 756.38-3 700.31
Shareholders equity total-16.35-49.69-62.27-48.346 467.86
Balance sheet total (assets)109.59153.32803.032 634.3217 039.13
Net debt82.4262.5194.42892.87-4 738.57
Profitability
EBIT-%
ROA-0.3 %-18.2 %-8.7 %-39.2 %-37.1 %
ROE-0.7 %-25.2 %-11.0 %-44.0 %-81.3 %
ROI-0.4 %-25.4 %-12.3 %-52.4 %-42.8 %
Economic value added (EVA)1.92-28.82-39.50- 668.62-3 314.90
Solvency
Equity ratio-13.0 %-24.5 %67.0 %75.9 %50.9 %
Gearing-532.1 %-297.8 %-975.6 %-4233.7 %132.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.83.42.51.7
Current ratio0.90.83.42.51.7
Cash and cash equivalents4.5685.48513.071 153.8313 322.38
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-37.1%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.9%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Chief executive officer

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