Better Change Fellowship ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Better Change Fellowship ApS
Better Change Fellowship ApS (CVR number: 43362798) is a company from AARHUS. The company recorded a gross profit of -27.6 kDKK in 2023. The operating profit was -27.6 kDKK, while net earnings were -31.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -50.3 %, which can be considered poor and Return on Equity (ROE) was -120.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 22.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Better Change Fellowship ApS's liquidity measured by quick ratio was 1.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | |
---|---|---|
Volume | ||
Net sales | ||
Gross profit | 2.21 | -27.59 |
EBIT | 2.21 | -27.59 |
Net earnings | 1.49 | -31.26 |
Shareholders equity total | 41.49 | 10.24 |
Balance sheet total (assets) | 63.73 | 45.81 |
Net debt | -54.97 | -27.78 |
Profitability | ||
EBIT-% | ||
ROA | 3.5 % | -50.3 % |
ROE | 3.6 % | -120.8 % |
ROI | 4.4 % | -71.5 % |
Economic value added (EVA) | 2.21 | -26.47 |
Solvency | ||
Equity ratio | 65.1 % | 22.3 % |
Gearing | 21.1 % | 163.0 % |
Relative net indebtedness % | ||
Liquidity | ||
Quick ratio | 2.9 | 1.3 |
Current ratio | 2.9 | 1.3 |
Cash and cash equivalents | 63.73 | 44.46 |
Capital use efficiency | ||
Trade debtors turnover (days) | ||
Net working capital % | ||
Credit risk | ||
Credit rating | B | B |
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