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

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

Companies in the same industry

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