BETTER ENERGY LINEAR P/S — Credit Rating and Financial Key Figures

CVR number: 35531629
Mariagervej 58 B, 9500 Hobro
info@ewe.dk
tel: 96207040

Credit rating

Company information

Official name
BETTER ENERGY LINEAR P/S
Established
2013
Industry

About BETTER ENERGY LINEAR P/S

BETTER ENERGY LINEAR P/S (CVR number: 35531629) is a company from MARIAGERFJORD. The company recorded a gross profit of -1.3 kEUR in 2024. The operating profit was -1.3 kEUR, while net earnings were 170.7 kEUR. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak but Return on Equity (ROE) was 5.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 72.3 %, 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 ENERGY LINEAR P/S's liquidity measured by quick ratio was 1.6 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 (kEUR)

EBIT (kEUR)

Profitability

Solidity

Key figures (kEUR)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-0.98-0.97-1.30
EBIT-0.98-0.97-1.30
Net earnings43.3536.81129.36140.70170.72
Shareholders equity total1 301.401 313.211 345.573 337.833 288.16
Balance sheet total (assets)3 006.031 334.691 355.454 416.084 546.90
Net debt1 275.421 076.861 257.07
Profitability
EBIT-%
ROA11.5 %4.8 %3.8 %
ROE3.1 %2.8 %9.7 %6.0 %5.2 %
ROI11.6 %4.8 %3.8 %
Economic value added (EVA)- 265.27- 235.40-66.68-68.59- 223.14
Solvency
Equity ratio27.7 %98.4 %99.3 %75.6 %72.3 %
Gearing129.0 %32.3 %38.2 %
Relative net indebtedness %
Liquidity
Quick ratio3.555.6123.51.81.6
Current ratio3.555.6123.51.81.6
Cash and cash equivalents403.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:3.81%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.3%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member
Chairman of the board

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