Better Life 85 ApS

CVR number: 43967029
Magnesmindevej 8, Gjurup 9800 Hjørring

Credit rating

Company information

Official name
Better Life 85 ApS
Personnel
22 persons
Established
2023
Domicile
Gjurup
Company form
Private limited company
Industry
  • Expand more icon88Social work activities without accommodation

About Better Life 85 ApS

Better Life 85 ApS (CVR number: 43967029) is a company from HJØRRING. The company recorded a gross profit of 1876.9 kDKK in 2023. The operating profit was 265.5 kDKK, while net earnings were 202.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 33 %, which can be considered excellent and Return on Equity (ROE) was 83.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.2 %, 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 Life 85 ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2023
Volume
Net sales
Gross profit1 876.95
EBIT265.50
Net earnings202.75
Shareholders equity total242.75
Balance sheet total (assets)804.47
Net debt52.88
Profitability
EBIT-%
ROA33.0 %
ROE83.5 %
ROI56.2 %
Economic value added (EVA)205.23
Solvency
Equity ratio30.2 %
Gearing78.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.4
Current ratio1.4
Cash and cash equivalents138.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBB

Variable visualization

ROA:33.0%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.2%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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