Better Wine ApS — Credit Rating and Financial Key Figures

Better Wine ApS (CVR number: 43447947) is a company from KØBENHAVN. The company recorded a gross profit of -38 kDKK in 2023. The operating profit was -38 kDKK, while net earnings were -305.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.4 %, which can be considered poor and Return on Equity (ROE) was -3.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -3.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Better Wine ApS's liquidity measured by quick ratio was 37 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.