Better Travel & Events ApS — Credit Rating and Financial Key Figures

CVR number: 38744313
Nordskovvej 4, Tuse 4300 Holbæk
mette@bettertravel.eu
tel: 40434068
www.bettertravel.eu

Credit rating

Company information

Official name
Better Travel & Events ApS
Personnel
1 person
Established
2017
Domicile
Tuse
Company form
Private limited company
Industry
  • Expand more icon79Travel agency, tour operator and other reservation service and related activities

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit61.3456.08244.31375.56133.56
EBIT61.3456.08102.53121.24-10.88
Net earnings48.4539.7164.7477.73-20.90
Shareholders equity total265.50305.22369.96417.69396.79
Balance sheet total (assets)334.45546.78567.83726.53830.57
Net debt- 243.90- 454.53- 435.70- 569.79- 559.83
Profitability
EBIT-%
ROA14.7 %12.7 %18.4 %19.2 %-0.9 %
ROE20.1 %13.9 %19.2 %19.7 %-5.1 %
ROI26.6 %19.7 %29.2 %29.4 %-1.6 %
Economic value added (EVA)56.8040.9087.6396.910.13
Solvency
Equity ratio91.1 %87.2 %76.9 %75.5 %85.7 %
Gearing7.4 %7.3 %4.4 %
Relative net indebtedness %
Liquidity
Quick ratio13.012.25.15.412.5
Current ratio4.92.32.92.41.9
Cash and cash equivalents243.90454.53462.91600.18577.30
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-0.90%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:85.7%
Rating: 65/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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