BETTER MOMENTS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BETTER MOMENTS ApS
BETTER MOMENTS ApS (CVR number: 35212523) is a company from ALLERØD. The company reported a net sales of 1.8 mDKK in 2024, demonstrating a decline of -4.6 % compared to the previous year. The operating profit percentage was poor at -21.1 % (EBIT: -0.4 mDKK), while net earnings were -380.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.2 %, which can be considered poor and Return on Equity (ROE) was -63.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 76.7 %, 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 MOMENTS ApS's liquidity measured by quick ratio was 18.8 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 215.01 | 1 573.17 | 1 931.28 | 1 927.75 | 1 839.22 |
Gross profit | 310.28 | 928.16 | 393.85 | 327.78 | 191.68 |
EBIT | - 251.54 | 373.58 | - 198.49 | - 432.37 | - 388.90 |
Net earnings | - 204.12 | 279.33 | - 165.44 | - 335.83 | - 380.26 |
Shareholders equity total | 1 015.06 | 1 294.39 | 1 128.95 | 793.12 | 412.86 |
Balance sheet total (assets) | 1 661.48 | 1 800.72 | 2 559.77 | 2 490.04 | 2 399.41 |
Net debt | -1 198.89 | -1 523.77 | -2 203.80 | -1 820.65 | -1 306.79 |
Profitability | |||||
EBIT-% | -20.7 % | 23.7 % | -10.3 % | -22.4 % | -21.1 % |
ROA | -13.0 % | 21.7 % | -8.6 % | -16.5 % | -15.2 % |
ROE | -18.3 % | 24.2 % | -13.7 % | -34.9 % | -63.1 % |
ROI | -22.2 % | 32.5 % | -15.4 % | -42.9 % | -60.6 % |
Economic value added (EVA) | - 259.98 | 237.20 | - 223.58 | - 396.20 | - 429.87 |
Solvency | |||||
Equity ratio | 85.2 % | 95.1 % | 87.4 % | 87.8 % | 76.7 % |
Gearing | 0.1 % | 0.2 % | 2.8 % | 0.5 % | |
Relative net indebtedness % | -45.5 % | -64.7 % | -40.2 % | -7.6 % | 36.8 % |
Liquidity | |||||
Quick ratio | 8.0 | 24.3 | 15.1 | 21.8 | 18.8 |
Current ratio | 2.2 | 3.2 | 1.7 | 1.4 | 1.2 |
Cash and cash equivalents | 1 198.89 | 1 524.79 | 2 206.59 | 1 842.95 | 1 308.88 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 0.9 | 5.7 | 2.8 | 46.7 | 68.1 |
Net working capital % | 63.7 % | 71.8 % | 52.7 % | 36.4 % | 20.2 % |
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BB |
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