Better Insect Solutions A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Better Insect Solutions A/S
Better Insect Solutions A/S (CVR number: 43984608) is a company from AARHUS. The company recorded a gross profit of -1008 kDKK in 2024. The operating profit was -7590.4 kDKK, while net earnings were -6042.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -131 %, which can be considered poor and Return on Equity (ROE) was -196.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -51.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Better Insect Solutions A/S's liquidity measured by quick ratio was 2.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2023 | 2024 | |
|---|---|---|
| Volume | ||
| Net sales | ||
| Gross profit | -1 881.86 | -1 007.98 |
| EBIT | -3 652.42 | -7 590.40 |
| Net earnings | -2 831.48 | -6 042.76 |
| Shareholders equity total | 1 168.53 | -4 874.23 |
| Balance sheet total (assets) | 1 517.14 | 4 994.17 |
| Net debt | - 751.96 | 4 817.59 |
| Profitability | ||
| EBIT-% | ||
| ROA | -238.6 % | -131.0 % |
| ROE | -242.3 % | -196.1 % |
| ROI | -309.3 % | -172.8 % |
| Economic value added (EVA) | -2 853.19 | -5 952.94 |
| Solvency | ||
| Equity ratio | 77.0 % | -51.4 % |
| Gearing | 0.1 % | -153.0 % |
| Relative net indebtedness % | ||
| Liquidity | ||
| Quick ratio | 4.4 | 2.5 |
| Current ratio | 4.4 | 2.1 |
| Cash and cash equivalents | 753.46 | 2 640.31 |
| Capital use efficiency | ||
| Trade debtors turnover (days) | ||
| Net working capital % | ||
| Credit risk | ||
| Credit rating | B | B |
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