Better Times ApS — Credit Rating and Financial Key Figures

CVR number: 39645920
Skovvangsvej 97 C, 8200 Aarhus N

Credit rating

Company information

Official name
Better Times ApS
Personnel
1 person
Established
2018
Company form
Private limited company
Industry

About Better Times ApS

Better Times ApS (CVR number: 39645920) is a company from AARHUS. The company recorded a gross profit of -25.5 kDKK in 2024. The operating profit was 82 kDKK, while net earnings were 102.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5 %, which can be considered decent and Return on Equity (ROE) was 5.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Better Times ApS's liquidity measured by quick ratio was 133.3 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 sales
Gross profit885.91430.98271.61128.97-25.47
EBIT255.24- 270.18- 304.0192.8582.03
Net earnings196.26- 227.54- 248.0391.91102.65
Shareholders equity total2 340.082 112.541 864.501 956.412 059.06
Balance sheet total (assets)2 811.742 351.612 025.612 046.882 073.56
Net debt-2 486.42-2 074.57-1 581.56-1 574.56-1 620.00
Profitability
EBIT-%
ROA9.9 %-10.4 %-13.9 %4.6 %5.0 %
ROE8.8 %-10.2 %-12.5 %4.8 %5.1 %
ROI11.2 %-11.7 %-14.7 %4.7 %5.0 %
Economic value added (EVA)89.52- 331.53- 346.80-4.67-20.09
Solvency
Equity ratio83.2 %89.8 %92.0 %95.6 %99.3 %
Gearing2.4 %3.6 %4.1 %3.9 %
Relative net indebtedness %
Liquidity
Quick ratio5.89.411.721.1133.3
Current ratio5.89.411.721.1133.3
Cash and cash equivalents2 541.432 150.451 657.881 650.451 620.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:4.98%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.3%
Rating: 89/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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