BETTER HOUSE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BETTER HOUSE ApS
BETTER HOUSE ApS (CVR number: 36084308) is a company from HILLERØD. The company reported a net sales of 0 mDKK in 2020, demonstrating a decline of -78.9 % compared to the previous year. The operating profit percentage was poor at -184.8 % (EBIT: -0.1 mDKK), while net earnings were -51.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -54.7 %, which can be considered poor and Return on Equity (ROE) was -91.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. BETTER HOUSE ApS's liquidity measured by quick ratio was 0.6 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 446.88 | 269.03 | 365.34 | 133.01 | 28.00 |
Gross profit | 303.17 | 137.82 | 240.21 | 41.00 | -35.80 |
EBIT | 1.42 | -16.39 | 16.35 | 3.21 | -51.73 |
Net earnings | 0.34 | -16.50 | 16.22 | 3.15 | -51.88 |
Shareholders equity total | 79.92 | 63.42 | 79.64 | 82.79 | 30.91 |
Balance sheet total (assets) | 110.58 | 101.03 | 141.53 | 107.03 | 82.06 |
Net debt | -84.38 | -84.65 | -42.16 | -33.69 | -22.45 |
Profitability | |||||
EBIT-% | 0.3 % | -6.1 % | 4.5 % | 2.4 % | -184.8 % |
ROA | 1.3 % | -15.5 % | 13.5 % | 2.6 % | -54.7 % |
ROE | 0.4 % | -23.0 % | 22.7 % | 3.9 % | -91.3 % |
ROI | 1.8 % | -22.9 % | 22.9 % | 4.0 % | -91.0 % |
Economic value added (EVA) | 1.42 | -16.17 | 17.42 | 1.33 | -54.20 |
Solvency | |||||
Equity ratio | 72.3 % | 62.8 % | 56.3 % | 77.4 % | 37.7 % |
Gearing | |||||
Relative net indebtedness % | -12.0 % | -17.5 % | 5.4 % | -7.1 % | 102.5 % |
Liquidity | |||||
Quick ratio | 3.6 | 2.7 | 0.9 | 1.6 | 0.6 |
Current ratio | 3.6 | 2.7 | 0.9 | 1.6 | 0.6 |
Cash and cash equivalents | 84.38 | 84.65 | 42.16 | 33.69 | 22.45 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 21.4 | 22.2 | 14.4 | 14.7 | |
Net working capital % | 17.9 % | 23.6 % | -1.5 % | 11.1 % | -75.5 % |
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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