BETTER TEA & FOOD PRODUCTS ApS — Credit Rating and Financial Key Figures

CVR number: 38818260
Globevænget 1 A, 8654 Bryrup
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Credit rating

Company information

Official name
BETTER TEA & FOOD PRODUCTS ApS
Personnel
4 persons
Established
2017
Company form
Private limited company
Industry

About BETTER TEA & FOOD PRODUCTS ApS

BETTER TEA & FOOD PRODUCTS ApS (CVR number: 38818260) is a company from SILKEBORG. The company recorded a gross profit of 1186.5 kDKK in 2024. The operating profit was 283.6 kDKK, while net earnings were 227.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.6 %, which can be considered excellent and Return on Equity (ROE) was 53.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. BETTER TEA & FOOD PRODUCTS ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit812.761 209.191 029.00866.721 186.51
EBIT65.98410.2766.765.80283.55
Net earnings35.98307.5357.1517.98227.49
Shareholders equity total175.39482.92290.07308.05535.53
Balance sheet total (assets)922.621 355.401 437.301 122.131 350.31
Net debt11.73- 483.93- 191.00-5.92- 155.57
Profitability
EBIT-%
ROA7.7 %35.6 %5.3 %1.8 %23.6 %
ROE14.0 %93.4 %14.8 %6.0 %53.9 %
ROI9.9 %48.2 %7.0 %2.2 %29.2 %
Economic value added (EVA)20.47283.893.75-54.04171.93
Solvency
Equity ratio19.4 %35.6 %20.2 %27.5 %39.7 %
Gearing309.9 %99.2 %301.7 %217.7 %89.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.21.01.01.4
Current ratio1.21.51.21.41.6
Cash and cash equivalents531.77962.971 066.03676.49635.29
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:23.6%
Rating: 79/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:39.7%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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