BETTER WORLD ApS — Credit Rating and Financial Key Figures

BETTER WORLD ApS (CVR number: 31476941) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 122.1 kDKK in 2023. The operating profit was 57.3 kDKK, while net earnings were 57.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.4 %, which can be considered weak and Return on Equity (ROE) was 2.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 62 %, 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 WORLD ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.