BETTER ENERGY MAGENTA P/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -1.27 | -1.28 | |||
EBIT | -1.27 | -1.28 | |||
Net earnings | 8.95 | 7.38 | -6.64 | 69.48 | -13.85 |
Shareholders equity total | 187.38 | 194.76 | 188.12 | 536.85 | 491.45 |
Balance sheet total (assets) | 589.31 | 565.98 | 206.73 | 556.31 | 511.75 |
Net debt | 351.53 | 324.06 | 17.97 | 11.95 | |
Profitability | |||||
EBIT-% | |||||
ROA | 18.4 % | -1.2 % | |||
ROE | 4.9 % | 3.9 % | -3.5 % | 19.2 % | -2.7 % |
ROI | 18.9 % | -1.2 % | |||
Economic value added (EVA) | -26.08 | -25.56 | -24.55 | -2.30 | -16.28 |
Solvency | |||||
Equity ratio | 18.9 % | 20.8 % | 91.0 % | 96.5 % | 96.0 % |
Gearing | 201.1 % | 178.2 % | 3.3 % | 2.4 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.5 | 2.1 | 16.3 | 13.2 |
Current ratio | 0.5 | 0.5 | 2.1 | 16.3 | 13.2 |
Cash and cash equivalents | 25.31 | 22.95 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | A | BBB |
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