JustBetterIT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About JustBetterIT ApS
JustBetterIT ApS (CVR number: 39286165) is a company from MARIAGERFJORD. The company recorded a gross profit of -40.1 kDKK in 2024. The operating profit was -51.7 kDKK, while net earnings were -51.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.4 %, which can be considered poor and Return on Equity (ROE) was -9.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 62.9 %, 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 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 262.81 | 780.38 | -3.85 | -23.60 | -40.12 |
EBIT | 426.22 | 630.19 | -3.85 | -24.45 | -51.72 |
Net earnings | 435.80 | 486.68 | -5.21 | -18.22 | -51.48 |
Shareholders equity total | 710.05 | 596.73 | 591.52 | 573.30 | 461.82 |
Balance sheet total (assets) | 976.64 | 906.17 | 866.03 | 871.01 | 734.31 |
Net debt | - 572.08 | - 101.65 | -98.71 | - 376.26 | - 114.75 |
Profitability | |||||
EBIT-% | |||||
ROA | 57.6 % | 66.8 % | -0.3 % | -2.8 % | -6.4 % |
ROE | 80.4 % | 74.5 % | -0.9 % | -3.1 % | -9.9 % |
ROI | 70.9 % | 86.4 % | -0.5 % | -3.9 % | -9.2 % |
Economic value added (EVA) | 403.58 | 451.62 | -37.08 | -48.48 | -83.19 |
Solvency | |||||
Equity ratio | 72.7 % | 65.9 % | 68.3 % | 65.8 % | 62.9 % |
Gearing | 11.9 % | 10.8 % | 5.0 % | 9.2 % | 6.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.9 | 1.2 | 1.3 | 2.2 | 1.3 |
Current ratio | 2.9 | 1.2 | 1.3 | 2.2 | 1.3 |
Cash and cash equivalents | 656.74 | 166.28 | 128.41 | 429.16 | 142.43 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BBB | BB | BB |
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