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Better Change Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Better Change Holding ApS
Better Change Holding ApS (CVR number: 41643498) is a company from AARHUS. The company recorded a gross profit of -7.7 kDKK in 2025. The operating profit was -7.7 kDKK, while net earnings were 184.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 117.1 %, which can be considered excellent and Return on Equity (ROE) was 483.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 31.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Better Change Holding ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -6.25 | -7.04 | -6.63 | -7.19 | -7.74 |
| EBIT | -6.25 | -7.04 | -6.63 | -7.19 | -7.74 |
| Net earnings | 420.70 | 24.20 | - 368.92 | - 203.37 | 184.84 |
| Shareholders equity total | 808.90 | 433.10 | 64.18 | - 139.19 | 45.65 |
| Balance sheet total (assets) | 944.88 | 658.10 | 289.18 | 30.81 | 145.65 |
| Net debt | - 211.02 | -5.23 | -5.80 | 104.19 | 49.37 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 39.4 % | 3.5 % | -77.9 % | -88.6 % | 117.1 % |
| ROE | 42.1 % | 3.9 % | -148.4 % | -428.2 % | 483.5 % |
| ROI | 42.2 % | 4.5 % | -148.4 % | -233.5 % | 175.5 % |
| Economic value added (EVA) | -64.77 | -47.69 | -28.39 | -10.41 | -6.28 |
| Solvency | |||||
| Equity ratio | 85.6 % | 65.8 % | 22.2 % | -81.9 % | 31.3 % |
| Gearing | -79.0 % | 120.5 % | |||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.6 | 1.8 | 1.3 | 0.2 | 1.5 |
| Current ratio | 2.6 | 1.8 | 1.3 | 0.2 | 1.5 |
| Cash and cash equivalents | 211.02 | 5.23 | 5.80 | 5.81 | 5.64 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | BBB | BB | BB | BB |
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