Credit rating
Company information
About JustBetterIT ApS
JustBetterIT ApS (CVR number: 39286165) is a company from MARIAGERFJORD. The company recorded a gross profit of -22.6 kDKK in 2023. The operating profit was -23.4 kDKK, while net earnings were -17.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.7 %, which can be considered poor and Return on Equity (ROE) was -2.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 66 %, 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. JustBetterIT 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 822.14 | 1 262.81 | 780.38 | -3.85 | -22.57 |
EBIT | 85.62 | 426.22 | 630.19 | -3.85 | -23.42 |
Net earnings | 63.59 | 435.80 | 486.68 | -5.21 | -17.19 |
Shareholders equity total | 374.25 | 710.05 | 596.73 | 591.52 | 574.34 |
Balance sheet total (assets) | 556.66 | 976.64 | 906.17 | 866.03 | 870.75 |
Net debt | - 393.98 | - 572.08 | - 101.65 | -98.71 | - 377.56 |
Profitability | |||||
EBIT-% | |||||
ROA | 16.9 % | 57.6 % | 66.8 % | -0.3 % | -2.7 % |
ROE | 17.5 % | 80.4 % | 74.5 % | -0.9 % | -2.9 % |
ROI | 20.5 % | 70.9 % | 86.4 % | -0.5 % | -3.7 % |
Economic value added (EVA) | 65.66 | 431.05 | 488.88 | -25.48 | -39.51 |
Solvency | |||||
Equity ratio | 67.2 % | 72.7 % | 65.9 % | 68.3 % | 66.0 % |
Gearing | 20.4 % | 11.9 % | 10.8 % | 5.0 % | 9.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.1 | 2.9 | 1.2 | 1.3 | 2.2 |
Current ratio | 3.1 | 2.9 | 1.2 | 1.3 | 2.2 |
Cash and cash equivalents | 470.30 | 656.74 | 166.28 | 128.41 | 429.16 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BB | BB | BB |
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