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 1024.7 kDKK in 2024. The operating profit was -3889.3 kDKK, while net earnings were -3927.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -56.2 %, which can be considered poor and Return on Equity (ROE) was -77.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 60.2 %, 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. Living Better A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 603.21 | 1 060.09 | 5 229.74 | 2 795.76 | 1 024.73 |
EBIT | 676.54 | -1 908.43 | 1 033.70 | -2 341.41 | -3 889.29 |
Net earnings | 498.63 | -2 437.86 | 430.10 | -2 690.56 | -3 927.17 |
Shareholders equity total | 3 564.18 | -1 231.62 | 9 198.48 | 6 507.92 | 3 580.75 |
Balance sheet total (assets) | 8 102.39 | 7 747.98 | 11 206.23 | 7 829.19 | 5 943.93 |
Net debt | 2 589.36 | 2 129.34 | -3 299.95 | - 745.79 | 945.34 |
Profitability | |||||
EBIT-% | |||||
ROA | 9.1 % | -22.3 % | 10.3 % | -24.6 % | -56.2 % |
ROE | 16.3 % | -43.1 % | 5.1 % | -34.3 % | -77.9 % |
ROI | 12.0 % | -42.3 % | 17.3 % | -29.1 % | -69.1 % |
Economic value added (EVA) | 445.28 | -2 468.65 | 660.73 | -3 099.08 | -4 222.82 |
Solvency | |||||
Equity ratio | 44.1 % | -14.7 % | 83.3 % | 83.1 % | 60.2 % |
Gearing | 75.5 % | -183.7 % | 1.3 % | 1.0 % | 26.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.9 | 0.5 | 3.8 | 2.3 | 0.7 |
Current ratio | 2.2 | 0.6 | 4.2 | 4.1 | 1.6 |
Cash and cash equivalents | 102.43 | 132.74 | 3 419.57 | 810.14 | 2.97 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | C | A | BBB | BBB |
Variable visualization
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