BetterGreen ApS — Credit Rating and Financial Key Figures

CVR number: 37679909
Under Lien 3, 9000 Aalborg

Company information

Official name
BetterGreen ApS
Personnel
8 persons
Established
2016
Company form
Private limited company
Industry

About BetterGreen ApS

BetterGreen ApS (CVR number: 37679909) is a company from AALBORG. The company recorded a gross profit of 3578.9 kDKK in 2023. The operating profit was 386.7 kDKK, while net earnings were 295.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15 %, which can be considered excellent and Return on Equity (ROE) was 20.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.1 %, 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. BetterGreen 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit680.291 441.652 105.924 135.743 578.86
EBIT123.90473.95413.511 645.29386.71
Net earnings95.65365.61313.371 269.92295.50
Shareholders equity total356.63672.24755.611 875.54971.04
Balance sheet total (assets)634.911 123.371 498.793 263.651 901.81
Net debt- 545.53- 898.35- 777.41-2 365.91- 512.59
Profitability
EBIT-%
ROA22.3 %53.9 %31.5 %69.1 %15.0 %
ROE31.0 %71.1 %43.9 %96.5 %20.8 %
ROI40.0 %92.0 %57.9 %125.0 %27.1 %
Economic value added (EVA)97.14377.92332.131 281.57323.52
Solvency
Equity ratio56.2 %59.8 %50.4 %57.5 %51.1 %
Gearing0.5 %0.1 %0.0 %1.8 %
Relative net indebtedness %
Liquidity
Quick ratio2.33.12.33.12.2
Current ratio2.33.12.33.12.2
Cash and cash equivalents547.38898.35778.072 366.57530.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:15.0%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.1%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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