Living Better A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Living Better A/S
Living Better A/S (CVR number: 32317286) is a company from IKAST-BRANDE. The company recorded a gross profit of 2795.8 kDKK in 2023. The operating profit was -2341.4 kDKK, while net earnings were -2690.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -24.6 %, which can be considered poor and Return on Equity (ROE) was -34.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 83.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Living Better A/S's liquidity measured by quick ratio was 2.3 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 | 1 139.27 | 2 603.21 | 1 060.09 | 5 229.74 | 2 795.76 |
EBIT | - 324.35 | 676.54 | -1 908.43 | 1 033.70 | -2 341.41 |
Net earnings | - 462.15 | 498.63 | -2 437.86 | 430.10 | -2 690.56 |
Shareholders equity total | 2 565.55 | 3 564.18 | -1 231.62 | 9 198.48 | 6 507.92 |
Balance sheet total (assets) | 6 804.48 | 8 102.39 | 7 747.98 | 11 206.23 | 7 829.19 |
Net debt | 2 191.67 | 2 589.36 | 2 129.34 | -3 299.95 | - 745.79 |
Profitability | |||||
EBIT-% | |||||
ROA | -4.4 % | 9.1 % | -22.3 % | 10.3 % | -24.6 % |
ROE | -16.5 % | 16.3 % | -43.1 % | 5.1 % | -34.3 % |
ROI | -6.0 % | 12.0 % | -42.3 % | 17.3 % | -29.1 % |
Economic value added (EVA) | - 365.50 | 654.62 | -2 359.62 | 776.00 | -2 848.03 |
Solvency | |||||
Equity ratio | 38.8 % | 44.1 % | -14.7 % | 83.3 % | 83.1 % |
Gearing | 85.4 % | 75.5 % | -183.7 % | 1.3 % | 1.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 1.9 | 0.5 | 3.8 | 2.3 |
Current ratio | 0.8 | 2.2 | 0.6 | 4.2 | 4.1 |
Cash and cash equivalents | 0.33 | 102.43 | 132.74 | 3 419.57 | 810.14 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | B | A | BBB |
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