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

About Better Finance ApS

Better Finance ApS (CVR number: 43935003) is a company from ESBJERG. The company recorded a gross profit of 128.5 kDKK in 2024. The operating profit was 8.5 kDKK, while net earnings were 191.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.8 %, which can be considered good and Return on Equity (ROE) was 12.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 69.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Better Finance ApS's liquidity measured by quick ratio was 2.7 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
2024
Volume
Net sales
Gross profit1 083.53128.51
EBIT- 126.748.51
Net earnings5.63191.48
Shareholders equity total1 741.451 432.93
Balance sheet total (assets)2 117.092 056.95
Net debt- 510.1780.04
Profitability
EBIT-%
ROA-2.1 %12.8 %
ROE0.3 %12.1 %
ROI-2.3 %13.6 %
Economic value added (EVA)-89.99-92.59
Solvency
Equity ratio82.3 %69.7 %
Gearing21.9 %
Relative net indebtedness %
Liquidity
Quick ratio6.82.7
Current ratio6.82.7
Cash and cash equivalents510.17233.14
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:12.8%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.7%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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