BetterUse ApS — Credit Rating and Financial Key Figures

CVR number: 42141682
Vestergade 19 C, 8000 Aarhus C

Company information

Official name
BetterUse ApS
Personnel
1 person
Established
2021
Company form
Private limited company
Industry

About BetterUse ApS

BetterUse ApS (CVR number: 42141682) is a company from AARHUS. The company recorded a gross profit of -8.8 kDKK in 2022. The operating profit was -8.8 kDKK, while net earnings were 44.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14 %, which can be considered poor but Return on Equity (ROE) was 117.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 91.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. BetterUse ApS's liquidity measured by quick ratio was 11.3 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
2021
2022
Volume
Net sales
Gross profit-15.00-8.80
EBIT- 243.97-8.80
Net earnings- 244.3144.64
Shareholders equity total15.6960.34
Balance sheet total (assets)59.4166.19
Net debt-45.21-60.71
Profitability
EBIT-%
ROA-410.6 %-14.0 %
ROE-1556.9 %117.4 %
ROI-1208.8 %-20.5 %
Economic value added (EVA)- 243.97-4.54
Solvency
Equity ratio26.4 %91.1 %
Gearing28.6 %9.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.411.3
Current ratio1.411.3
Cash and cash equivalents49.7066.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBB

Variable visualization

ROA:-14.0%
Rating: 6/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.1%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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