Betterlight ApS — Credit Rating and Financial Key Figures

CVR number: 34804605
Kvædevej 110, 2830 Virum
info@betterlight.dk

Credit rating

Company information

Official name
Betterlight ApS
Personnel
2 persons
Established
2012
Company form
Private limited company
Industry

About Betterlight ApS

Betterlight ApS (CVR number: 34804605) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 5123.9 kDKK in 2024. The operating profit was 2849 kDKK, while net earnings were 2184.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.3 %, which can be considered good but Return on Equity (ROE) was 37.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35.3 %, 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. Betterlight ApS's liquidity measured by quick ratio was 2.6 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit3 307.904 359.845 123.91
EBIT476.7233.471 738.492 290.762 849.02
Net earnings357.541.521 327.621 709.052 184.88
Shareholders equity total2 107.381 998.293 325.914 920.576 869.84
Balance sheet total (assets)4 417.502 400.366 508.538 780.0042 082.65
Net debt-2 608.30- 457.38-2 044.70-1 912.23-28 753.05
Profitability
EBIT-%
ROA13.0 %1.0 %39.0 %30.0 %11.3 %
ROE18.3 %0.1 %49.9 %41.4 %37.1 %
ROI22.1 %1.5 %62.9 %55.5 %48.9 %
Economic value added (EVA)268.02-92.181 238.061 556.371 916.63
Solvency
Equity ratio47.7 %83.2 %51.1 %56.0 %35.3 %
Gearing9.5 %10.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.43.80.80.52.6
Current ratio2.111.92.02.21.2
Cash and cash equivalents2 808.30657.382 044.701 912.2328 753.05
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBABBB

Variable visualization

ROA:11.3%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:35.3%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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