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Analyst: XBRLDenmark
 
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Bankruptcy Risk 
2019
2020/3
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Bankruptcy risk for industry  1.5% 1.5% 1.5% 1.5% 1.5%  
Bankruptcy risk  10.2% 6.6% 4.5% 3.8% 2.7%  
Credit score (0-100)  25 36 45 51 59  
Credit rating  BB BBB BBB BBB BBB  
Credit limit (kDKK)  0.0 0.0 0.0 0.0 0.0  

How are these values calculated?
 
View the automatically generated explanation of bankruptcy risk

Income statement (kDKK) 
2019
2020/3
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  0 0 0 0 0  
Gross profit  135 250 657 1,287 1,274  
EBITDA  22.7 161 240 437 497  
EBIT  0.6 147 230 420 451  
Pre-tax profit (PTP)  0.0 142.3 199.1 399.6 403.4  
Net earnings  -1.5 109.1 153.0 305.6 309.0  
Pre-tax profit without non-rec. items  0.0 142 199 400 403  

 
See the entire income statement

Balance sheet (kDKK) 
2019
2020/3
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Tangible assets total  141 70.0 0.0 181 181  
Shareholders equity total  48.5 158 311 616 925  
Interest-bearing liabilities  0.0 0.0 0.0 0.0 906  
Balance sheet total (assets)  657 1,271 2,542 2,536 3,584  

Net Debt  -69.3 -617 -506 -450 290  
 
See the entire balance sheet

Volume 
2019
2020/3
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  0 0 0 0 0  
Net sales growth  0.0% 0.0% 0.0% 0.0% 0.0%  
Gross profit  135 250 657 1,287 1,274  
Gross profit growth  0.0% 85.7% 163.0% 95.7% -1.0%  
Employees  1 1 1 3 3  
Employee growth %  0.0% 0.0% 0.0% 200.0% 0.0%  
Employee expenses  0.0 0.0 0.0 0.0 0.0  
Balance sheet total (assets)  657 1,271 2,542 2,536 3,584  
Balance sheet change%  0.0% 93.6% 99.9% -0.2% 41.4%  
Added value  22.7 161.3 240.5 430.8 496.6  
Added value %  0.0% 0.0% 0.0% 0.0% 0.0%  
Investments  119 -85 -81 164 -45  

Net sales trend  0.0 0.0 0.0 0.0 0.0  
EBIT trend  1.0 2.0 3.0 4.0 5.0  

Profitability 
2019
2020/3
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
EBITDA %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT to gross profit (%)  0.5% 58.8% 35.0% 32.7% 35.4%  
Net Earnings %  0.0% 0.0% 0.0% 0.0% 0.0%  
Profit before depreciation and extraordinary items %  0.0% 0.0% 0.0% 0.0% 0.0%  
Pre tax profit less extraordinaries %  0.0% 0.0% 0.0% 0.0% 0.0%  
ROA %  0.6% 15.5% 12.1% 16.6% 14.8%  
ROI %  8.0% 142.3% 96.2% 87.8% 36.3%  
ROE %  -3.0% 105.8% 65.4% 65.9% 40.1%  

Solidity 
2019
2020/3
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Equity ratio %  7.4% 12.4% 12.7% 24.3% 25.8%  
Relative indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Relative net indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net int. bear. debt to EBITDA, %  -305.6% -382.2% -210.5% -103.1% 58.4%  
Gearing %  0.0% 0.0% 0.0% 0.0% 98.0%  
Net interest  0 0 0 0 0  
Financing costs %  0.0% 0.0% 0.0% 0.0% 10.7%  

Liquidity 
2019
2020/3
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Quick Ratio  0.5 0.9 0.4 0.5 0.3  
Current Ratio  0.8 1.1 1.1 1.2 1.3  
Cash and cash equivalent  69.3 616.6 506.1 450.4 616.2  

Capital use efficiency 
2019
2020/3
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Trade debtors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Trade creditors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Current assets / Net sales %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net working capital  -92.1 91.3 302.1 443.6 746.7  
Net working capital %  0.0% 0.0% 0.0% 0.0% 0.0%  

Employee efficiency 
2019
2020/3
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Net sales / employee  0 0 0 0 0  
Added value / employee  23 161 240 144 166  
Employee expenses / employee  0 0 0 0 0  
EBITDA / employee  23 161 240 146 166  
EBIT / employee  1 147 230 140 150  
Net earnings / employee  -1 109 153 102 103