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BetterLives ApS — Credit Rating and Financial Key Figures

CVR number: 42968218
Carl Jacobsens Vej 16 C, 2500 Valby
CTS@eye-d.com
tel: 28922792
Free credit report Annual report

Company information

Official name
BetterLives ApS
Established
2022
Company form
Private limited company
Industry

About BetterLives ApS

BetterLives ApS (CVR number: 42968218) is a company from KØBENHAVN. The company recorded a gross profit of -400.4 kDKK in 2024. The operating profit was -400.4 kDKK, while net earnings were -395.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -46.9 %, which can be considered poor and Return on Equity (ROE) was -155.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -87 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. BetterLives ApS's liquidity measured by quick ratio was 2.1 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
2022
2023
2024
Volume
Net sales
Gross profit-88.39- 405.24- 400.38
EBIT-88.39- 405.24- 400.38
Net earnings-70.05- 349.46- 395.15
Shareholders equity total-51.46- 400.92- 796.07
Balance sheet total (assets)193.39390.47118.85
Net debt64.70645.31814.65
Profitability
EBIT-%
ROA-36.1 %-78.2 %-46.9 %
ROE-36.2 %-119.7 %-155.2 %
ROI-41.1 %-81.2 %-48.8 %
Economic value added (EVA)-68.94- 341.89- 390.10
Solvency
Equity ratio-21.0 %-50.7 %-87.0 %
Gearing-417.5 %-195.3 %-107.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.32.1
Current ratio0.80.52.1
Cash and cash equivalents150.15137.7044.52
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:-46.9%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-87.0%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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