BETTER ENERGY LINEAR P/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -0.98 | -0.97 | -1.30 | ||
EBIT | -0.98 | -0.97 | -1.30 | ||
Net earnings | 43.35 | 36.81 | 129.36 | 140.70 | 170.72 |
Shareholders equity total | 1 301.40 | 1 313.21 | 1 345.57 | 3 337.83 | 3 288.16 |
Balance sheet total (assets) | 3 006.03 | 1 334.69 | 1 355.45 | 4 416.08 | 4 546.90 |
Net debt | 1 275.42 | 1 076.86 | 1 257.07 | ||
Profitability | |||||
EBIT-% | |||||
ROA | 11.5 % | 4.8 % | 3.8 % | ||
ROE | 3.1 % | 2.8 % | 9.7 % | 6.0 % | 5.2 % |
ROI | 11.6 % | 4.8 % | 3.8 % | ||
Economic value added (EVA) | - 265.27 | - 235.40 | -66.68 | -68.59 | - 223.14 |
Solvency | |||||
Equity ratio | 27.7 % | 98.4 % | 99.3 % | 75.6 % | 72.3 % |
Gearing | 129.0 % | 32.3 % | 38.2 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.5 | 55.6 | 123.5 | 1.8 | 1.6 |
Current ratio | 3.5 | 55.6 | 123.5 | 1.8 | 1.6 |
Cash and cash equivalents | 403.21 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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