Better Life ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Better Life ApS
Better Life ApS (CVR number: 42093025) is a company from AABENRAA. The company recorded a gross profit of 464.6 kDKK in 2024. The operating profit was -87.4 kDKK, while net earnings were -86.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -53.8 %, which can be considered poor and Return on Equity (ROE) was -99.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -26.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Better Life ApS'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 financials2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 564.00 | 495.00 | 556.00 | 464.58 |
EBIT | 32.00 | -43.00 | 17.00 | -87.42 |
Net earnings | 24.00 | -43.00 | 17.00 | -86.57 |
Shareholders equity total | 64.00 | 21.00 | 39.00 | -48.30 |
Balance sheet total (assets) | 131.00 | 99.00 | 137.00 | 135.39 |
Net debt | -53.00 | -26.00 | -51.00 | -46.12 |
Profitability | ||||
EBIT-% | ||||
ROA | 24.4 % | -37.4 % | 14.4 % | -53.8 % |
ROE | 37.5 % | -101.2 % | 56.7 % | -99.3 % |
ROI | 50.0 % | -101.2 % | 56.7 % | -442.7 % |
Economic value added (EVA) | 24.00 | -43.55 | 17.25 | -86.82 |
Solvency | ||||
Equity ratio | 48.9 % | 21.2 % | 28.5 % | -26.3 % |
Gearing | ||||
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 2.0 | 1.3 | 1.4 | 0.7 |
Current ratio | 2.0 | 1.3 | 1.4 | 0.7 |
Cash and cash equivalents | 53.00 | 26.00 | 51.00 | 46.12 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BB | BB | BB | BB |
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