Better Feet A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Better Feet A/S
Better Feet A/S (CVR number: 26534399) is a company from AARHUS. The company recorded a gross profit of 4980.7 kDKK in 2024. The operating profit was 80 kDKK, while net earnings were -244.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak but Return on Equity (ROE) was -4.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 44 %, 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 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 6 495.36 | 7 235.85 | 6 229.52 | 5 275.50 | 4 980.71 |
EBIT | 2 330.57 | 3 128.19 | 2 487.93 | 1 657.04 | 80.05 |
Net earnings | 1 647.68 | 2 277.79 | 1 699.48 | 1 077.34 | - 244.61 |
Shareholders equity total | 4 221.63 | 4 874.41 | 5 386.53 | 5 459.15 | 5 214.54 |
Balance sheet total (assets) | 12 493.57 | 13 341.49 | 9 415.30 | 11 178.10 | 11 849.42 |
Net debt | 3 211.94 | 3 096.53 | 1 318.50 | 3 409.35 | 3 524.61 |
Profitability | |||||
EBIT-% | |||||
ROA | 20.4 % | 24.6 % | 23.4 % | 16.5 % | 0.8 % |
ROE | 48.5 % | 50.1 % | 33.1 % | 19.9 % | -4.6 % |
ROI | 32.7 % | 38.9 % | 34.2 % | 20.9 % | 1.0 % |
Economic value added (EVA) | 1 482.49 | 2 032.86 | 1 508.96 | 925.42 | - 393.39 |
Solvency | |||||
Equity ratio | 33.8 % | 36.5 % | 57.2 % | 48.8 % | 44.0 % |
Gearing | 80.8 % | 67.9 % | 31.5 % | 63.6 % | 69.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 0.5 | 0.6 | 0.3 | 0.6 |
Current ratio | 1.4 | 1.4 | 1.9 | 1.6 | 1.5 |
Cash and cash equivalents | 197.59 | 210.79 | 377.35 | 62.73 | 93.53 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | BBB |
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