We do better ApS — Credit Rating and Financial Key Figures

CVR number: 42900338
Virkelyst 21 A, 9400 Nørresundby

Credit rating

Company information

Official name
We do better ApS
Personnel
1 person
Established
2021
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About We do better ApS

We do better ApS (CVR number: 42900338) is a company from AALBORG. The company recorded a gross profit of 1331.1 kDKK in 2023. The operating profit was 587.7 kDKK, while net earnings were 442 kDKK. The profitability of the company measured by Return on Assets (ROA) was 42.2 %, which can be considered excellent and Return on Equity (ROE) was 90.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. We do better ApS's liquidity measured by quick ratio was 1.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20222023
Volume
Net sales
Gross profit1 027.001 331.09
EBIT349.46587.68
Net earnings253.92441.96
Shareholders equity total293.92685.87
Balance sheet total (assets)1 276.801 511.32
Net debt137.89- 676.57
Profitability
EBIT-%
ROA27.4 %42.2 %
ROE86.4 %90.2 %
ROI52.6 %78.2 %
Economic value added (EVA)271.40438.59
Solvency
Equity ratio23.0 %45.4 %
Gearing124.3 %21.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.2
Current ratio1.41.3
Cash and cash equivalents227.58826.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:42.2%
Rating: 90/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.4%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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