Better Drinks ApS — Credit Rating and Financial Key Figures

Better Drinks ApS (CVR number: 43155393) is a company from VARDE. The company recorded a gross profit of 124.7 kDKK in 2023. The operating profit was 23.7 kDKK, while net earnings were 14 kDKK. The profitability of the company measured by Return on Assets (ROA) was 44.3 %, which can be considered excellent and Return on Equity (ROE) was 33.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Better Drinks ApS's liquidity measured by quick ratio was 1.7 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.