BETTER IDEAS ApS — Credit Rating and Financial Key Figures

CVR number: 33574983
Ryesgade 131, 2100 København Ø
tm@betterideas.dk
tel: 24788656

Credit rating

Company information

Official name
BETTER IDEAS ApS
Established
2011
Company form
Private limited company
Industry

About BETTER IDEAS ApS

BETTER IDEAS ApS (CVR number: 33574983) is a company from KØBENHAVN. The company reported a net sales of 0 mDKK in 2024. The operating profit percentage was at 29.4 % (EBIT: 0 mDKK), while net earnings were 38.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent but Return on Equity (ROE) was 11.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 35.5 %, 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 IDEAS ApS's liquidity measured by quick ratio was 1.1 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales133.8043.7533.73
Gross profit22.36101.21-61.69-24.019.92
EBIT22.36101.21-61.69-24.019.92
Net earnings- 149.77425.95204.09-86.8338.27
Shareholders equity total- 263.60167.77371.86304.72342.99
Balance sheet total (assets)246.65648.981 086.22990.99965.36
Net debt415.06381.43507.47543.7485.22
Profitability
EBIT-%75.6 %-141.0 %29.4 %
ROA5.5 %78.0 %24.9 %-7.4 %4.9 %
ROE-68.6 %205.6 %75.6 %-25.7 %11.8 %
ROI5.5 %80.5 %25.4 %-7.4 %4.9 %
Economic value added (EVA)13.6483.32-89.39-73.21-41.82
Solvency
Equity ratio-51.7 %25.9 %34.2 %30.7 %35.5 %
Gearing-191.1 %269.1 %191.6 %223.6 %179.6 %
Relative net indebtedness %307.3 %1164.6 %271.9 %
Liquidity
Quick ratio0.40.60.81.11.1
Current ratio0.40.60.81.11.1
Cash and cash equivalents88.5469.99204.86137.51530.66
Capital use efficiency
Trade debtors turnover (days)170.7560.6
Net working capital %-155.0 %-333.3 %217.9 %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:4.89%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:35.5%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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