JustBetterIT ApS — Credit Rating and Financial Key Figures

CVR number: 39286165
Løgstørvej 97, Hørby 9500 Hobro
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Company information

Official name
JustBetterIT ApS
Personnel
1 person
Established
2018
Domicile
Hørby
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 262.81780.38-3.85-23.60-40.12
EBIT426.22630.19-3.85-24.45-51.72
Net earnings435.80486.68-5.21-18.22-51.48
Shareholders equity total710.05596.73591.52573.30461.82
Balance sheet total (assets)976.64906.17866.03871.01734.31
Net debt- 572.08- 101.65-98.71- 376.26- 114.75
Profitability
EBIT-%
ROA57.6 %66.8 %-0.3 %-2.8 %-6.4 %
ROE80.4 %74.5 %-0.9 %-3.1 %-9.9 %
ROI70.9 %86.4 %-0.5 %-3.9 %-9.2 %
Economic value added (EVA)403.58451.62-37.08-48.48-83.19
Solvency
Equity ratio72.7 %65.9 %68.3 %65.8 %62.9 %
Gearing11.9 %10.8 %5.0 %9.2 %6.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.91.21.32.21.3
Current ratio2.91.21.32.21.3
Cash and cash equivalents656.74166.28128.41429.16142.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-6.41%
Rating: 14/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.9%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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