Better Insect Solutions A/S — Credit Rating and Financial Key Figures

CVR number: 43984608
Agro Food Park 15, 8200 Aarhus N

Company information

Official name
Better Insect Solutions A/S
Personnel
7 persons
Established
2023
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2023
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 total1 168.53-4 874.23
Balance sheet total (assets)1 517.144 994.17
Net debt- 751.964 817.59
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 ratio77.0 %-51.4 %
Gearing0.1 %-153.0 %
Relative net indebtedness %
Liquidity
Quick ratio4.42.5
Current ratio4.42.1
Cash and cash equivalents753.462 640.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBB

Variable visualization

ROA:-131.0%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-51.4%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.