Better Holding 2012 A/S — Credit Rating and Financial Key Figures

CVR number: 34721211
Sankt Annæ Plads 28, 1250 København K

Credit rating

Company information

Official name
Better Holding 2012 A/S
Personnel
9 persons
Established
2012
Company form
Limited company
Industry

About Better Holding 2012 A/S

Better Holding 2012 A/S (CVR number: 34721211K) is a company from KØBENHAVN. The company recorded a gross profit of 128.1 mDKK in 2018. The operating profit was 3501 kDKK, while net earnings were 203.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 51.1 %, which can be considered excellent and Return on Equity (ROE) was 105.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 61 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Better Holding 2012 A/S's liquidity measured by quick ratio was 2.4 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
2015
2016
2017
2018
Volume
Net sales
Gross profit17 444.0096 635.00136 184.00128 071.00
EBIT17 444.0049 374.0056 755.003 501.00
Net earnings33 516.0046 640.0038 059.00203 550.00
Shareholders equity total76 376.00116 687.00157 447.00271 036.00
Balance sheet total (assets)109 691.00166 701.00474 233.00444 542.00
Net debt-36 106.00-58 227.00105 136.00- 117 250.00
Profitability
EBIT-%
ROA42.3 %48.5 %19.2 %51.1 %
ROE47.5 %52.0 %30.0 %105.8 %
ROI47.5 %54.6 %28.6 %60.4 %
Economic value added (EVA)13 795.2132 115.5532 696.80-15 053.34
Solvency
Equity ratio71.4 %70.0 %33.2 %61.0 %
Gearing27.9 %26.8 %104.6 %50.9 %
Relative net indebtedness %
Liquidity
Quick ratio2.42.10.52.4
Current ratio2.22.10.52.4
Cash and cash equivalents57 410.0089 468.0059 580.00255 172.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBB

Variable visualization

ROA:51.1%
Rating: 95/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.0%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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