Better Travel & Events ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Better Travel & Events ApS
Better Travel & Events ApS (CVR number: 38744313) is a company from HOLBÆK. The company recorded a gross profit of 133.6 kDKK in 2023. The operating profit was -10.9 kDKK, while net earnings were -20.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.9 %, which can be considered poor and Return on Equity (ROE) was -5.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 85.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Better Travel & Events ApS's liquidity measured by quick ratio was 12.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 61.34 | 56.08 | 244.31 | 375.56 | 133.56 |
EBIT | 61.34 | 56.08 | 102.53 | 121.24 | -10.88 |
Net earnings | 48.45 | 39.71 | 64.74 | 77.73 | -20.90 |
Shareholders equity total | 265.50 | 305.22 | 369.96 | 417.69 | 396.79 |
Balance sheet total (assets) | 334.45 | 546.78 | 567.83 | 726.53 | 830.57 |
Net debt | - 243.90 | - 454.53 | - 435.70 | - 569.79 | - 559.83 |
Profitability | |||||
EBIT-% | |||||
ROA | 14.7 % | 12.7 % | 18.4 % | 19.2 % | -0.9 % |
ROE | 20.1 % | 13.9 % | 19.2 % | 19.7 % | -5.1 % |
ROI | 26.6 % | 19.7 % | 29.2 % | 29.4 % | -1.6 % |
Economic value added (EVA) | 56.80 | 40.90 | 87.63 | 96.91 | 0.13 |
Solvency | |||||
Equity ratio | 91.1 % | 87.2 % | 76.9 % | 75.5 % | 85.7 % |
Gearing | 7.4 % | 7.3 % | 4.4 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 13.0 | 12.2 | 5.1 | 5.4 | 12.5 |
Current ratio | 4.9 | 2.3 | 2.9 | 2.4 | 1.9 |
Cash and cash equivalents | 243.90 | 454.53 | 462.91 | 600.18 | 577.30 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BBB | BB |
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