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

CVR number: 35529519
Mariagervej 58 B, 9500 Hobro
info@ewe.dk
tel: 96207040

Credit rating

Company information

Official name
BETTER ENERGY MAGENTA P/S
Established
2013
Industry

About BETTER ENERGY MAGENTA P/S

BETTER ENERGY MAGENTA P/S (CVR number: 35529519) is a company from MARIAGERFJORD. The company recorded a gross profit of -1.3 kEUR in 2023. The operating profit was -1.3 kEUR, while net earnings were -13.8 kEUR. The profitability of the company measured by Return on Assets (ROA) was -1.2 %, which can be considered poor and Return on Equity (ROE) was -2.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 96 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. BETTER ENERGY MAGENTA P/S's liquidity measured by quick ratio was 13.2 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-1.27-1.28
EBIT-1.27-1.28
Net earnings8.957.38-6.6469.48-13.85
Shareholders equity total187.38194.76188.12536.85491.45
Balance sheet total (assets)589.31565.98206.73556.31511.75
Net debt351.53324.0617.9711.95
Profitability
EBIT-%
ROA18.4 %-1.2 %
ROE4.9 %3.9 %-3.5 %19.2 %-2.7 %
ROI18.9 %-1.2 %
Economic value added (EVA)-26.08-25.56-24.55-2.30-16.28
Solvency
Equity ratio18.9 %20.8 %91.0 %96.5 %96.0 %
Gearing201.1 %178.2 %3.3 %2.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.52.116.313.2
Current ratio0.50.52.116.313.2
Cash and cash equivalents25.3122.95
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBABBB

Variable visualization

ROA:-1.24%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.0%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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