JustBetterIT ApS

CVR number: 39286165
Løgstørvej 97, Hørby 9500 Hobro

Credit rating

Company information

Official name
JustBetterIT ApS
Personnel
1 person
Established
2018
Domicile
Hørby
Company form
Private limited company
Industry
  • Expand more icon62Computer programming, consultancy and related activities

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit822.141 262.81780.38-3.85-22.57
EBIT85.62426.22630.19-3.85-23.42
Net earnings63.59435.80486.68-5.21-17.19
Shareholders equity total374.25710.05596.73591.52574.34
Balance sheet total (assets)556.66976.64906.17866.03870.75
Net debt- 393.98- 572.08- 101.65-98.71- 377.56
Profitability
EBIT-%
ROA16.9 %57.6 %66.8 %-0.3 %-2.7 %
ROE17.5 %80.4 %74.5 %-0.9 %-2.9 %
ROI20.5 %70.9 %86.4 %-0.5 %-3.7 %
Economic value added (EVA)65.66431.05488.88-25.48-39.51
Solvency
Equity ratio67.2 %72.7 %65.9 %68.3 %66.0 %
Gearing20.4 %11.9 %10.8 %5.0 %9.0 %
Relative net indebtedness %
Liquidity
Quick ratio3.12.91.21.32.2
Current ratio3.12.91.21.32.2
Cash and cash equivalents470.30656.74166.28128.41429.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-2.68%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.0%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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