BETTER BRANDS SCANDINAVIA ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BETTER BRANDS SCANDINAVIA ApS
BETTER BRANDS SCANDINAVIA ApS (CVR number: 30543432) is a company from GENTOFTE. The company recorded a gross profit of 86.5 kDKK in 2024. The operating profit was -124.9 kDKK, while net earnings were -90.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -43.9 %, which can be considered poor and Return on Equity (ROE) was -50.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 54.3 %, 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 BRANDS SCANDINAVIA ApS's liquidity measured by quick ratio was 2.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 97.50 | 127.23 | 346.38 | 319.33 | 86.47 |
EBIT | -9.10 | 6.48 | 28.01 | 157.98 | - 124.92 |
Net earnings | -1.40 | -7.97 | 16.77 | 113.34 | -90.66 |
Shareholders equity total | 102.06 | 94.09 | 110.87 | 224.21 | 133.55 |
Balance sheet total (assets) | 132.70 | 126.20 | 196.18 | 308.27 | 246.10 |
Net debt | -56.55 | -42.83 | - 139.24 | - 246.59 | - 128.35 |
Profitability | |||||
EBIT-% | |||||
ROA | -6.7 % | 5.0 % | 17.4 % | 63.5 % | -43.9 % |
ROE | -1.4 % | -8.1 % | 16.4 % | 67.7 % | -50.7 % |
ROI | -8.7 % | 6.4 % | 26.1 % | 92.7 % | -66.0 % |
Economic value added (EVA) | -11.66 | 1.20 | 13.40 | 111.66 | - 102.35 |
Solvency | |||||
Equity ratio | 76.9 % | 74.6 % | 56.5 % | 72.7 % | 54.3 % |
Gearing | 2.9 % | 4.9 % | 4.8 % | 2.3 % | 4.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.3 | 3.9 | 2.3 | 3.7 | 2.2 |
Current ratio | 4.3 | 3.9 | 2.3 | 3.7 | 2.2 |
Cash and cash equivalents | 59.51 | 47.45 | 144.54 | 251.80 | 133.82 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BB | BB | BB |
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