Better Work ApS — Credit Rating and Financial Key Figures

CVR number: 39481022
Niels Bugges Vej 46, 7100 Vejle
gorm.reedtz@gmail.com
tel: 22226278
www.isleofsamsoe.dk

Company information

Official name
Better Work ApS
Personnel
2 persons
Established
2018
Company form
Private limited company
Industry

About Better Work ApS

Better Work ApS (CVR number: 39481022) is a company from VEJLE. The company recorded a gross profit of 1003.8 kDKK in 2024. The operating profit was 98.8 kDKK, while net earnings were 82.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29.6 %, which can be considered excellent and Return on Equity (ROE) was 55.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.4 %, 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 Work ApS's liquidity measured by quick ratio was 1.6 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
2020
2021
2022
2023
2024
Volume
Net sales6.40719.12
Gross profit6.40519.94742.421 003.84
EBIT6.4097.07107.71-25.3698.76
Net earnings4.5375.0582.65-25.3082.52
Shareholders equity total-13.6671.95165.21139.60156.12
Balance sheet total (assets)8.40142.17306.58273.02396.67
Net debt22.06- 125.85- 260.49- 120.34- 325.44
Profitability
EBIT-%100.0 %15.0 %
ROA30.3 %118.2 %48.0 %-8.7 %29.6 %
ROE86.9 %186.8 %69.7 %-16.6 %55.8 %
ROI30.3 %155.9 %74.6 %-15.5 %67.0 %
Economic value added (EVA)6.3075.2978.87-34.7275.66
Solvency
Equity ratio-61.9 %50.6 %53.9 %51.1 %39.4 %
Gearing-161.5 %13.0 %12.8 %
Relative net indebtedness %344.7 %-19.5 %
Liquidity
Quick ratio0.42.92.21.61.6
Current ratio0.42.92.21.61.6
Cash and cash equivalents135.17281.58120.34325.44
Capital use efficiency
Trade debtors turnover (days)456.312.7
Net working capital %-213.5 %23.0 %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:29.6%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:39.4%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.