Better Finance ApS — Credit Rating and Financial Key Figures

CVR number: 43935003
Myrtueparken 56, 6710 Esbjerg V
ev@betterfinance.dk
www.Betterfinance.dk

Credit rating

Company information

Official name
Better Finance ApS
Personnel
1 person
Established
2023
Company form
Private limited company
Industry
  • Expand more icon82Office administrative, office support and other business support activities

About Better Finance ApS

Better Finance ApS (CVR number: 43935003) is a company from ESBJERG. The company recorded a gross profit of 1367.5 kDKK in 2023. The operating profit was -126.7 kDKK, while net earnings were 5.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.1 %, which can be considered poor but Return on Equity (ROE) was 0.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 82.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Better Finance ApS's liquidity measured by quick ratio was 6.8 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2023
Volume
Net sales
Gross profit1 367.46
EBIT- 126.74
Net earnings5.63
Shareholders equity total1 741.45
Balance sheet total (assets)2 117.09
Net debt- 510.17
Profitability
EBIT-%
ROA-2.1 %
ROE0.3 %
ROI-2.3 %
Economic value added (EVA)-89.99
Solvency
Equity ratio82.3 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio6.8
Current ratio6.8
Cash and cash equivalents510.17
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBB

Variable visualization

ROA:-2.11%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:82.3%
Rating: 61/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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