Better Feet A/S — Credit Rating and Financial Key Figures

Better Feet A/S (CVR number: 26534399) is a company from AARHUS. The company recorded a gross profit of 5275.5 kDKK in 2023. The operating profit was 1657 kDKK, while net earnings were 1077.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.5 %, which can be considered excellent and Return on Equity (ROE) was 19.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 48.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Better Feet A/S's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.