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 AARHUS. The company recorded a gross profit of -2.1 kEUR in 2024. The operating profit was -2.1 kEUR, while net earnings were -29 kEUR. The profitability of the company measured by Return on Assets (ROA) was -5.1 %, which can be considered poor and Return on Equity (ROE) was -6.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 80.3 %, 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 3.2 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -1.27 | -1.28 | -2.13 | ||
EBIT | -1.27 | -1.28 | -2.13 | ||
Net earnings | 7.38 | -6.64 | 69.48 | -13.85 | -28.95 |
Shareholders equity total | 194.76 | 188.12 | 536.85 | 491.46 | 462.30 |
Balance sheet total (assets) | 565.98 | 206.73 | 556.31 | 511.75 | 575.68 |
Net debt | 324.06 | 17.97 | 11.95 | 111.30 | |
Profitability | |||||
EBIT-% | |||||
ROA | 18.4 % | -2.5 % | -5.1 % | ||
ROE | 3.9 % | -3.5 % | 19.2 % | -2.7 % | -6.1 % |
ROI | 18.9 % | -2.6 % | -5.1 % | ||
Economic value added (EVA) | -48.55 | -45.88 | -10.72 | -29.16 | -27.43 |
Solvency | |||||
Equity ratio | 20.8 % | 91.0 % | 96.5 % | 96.0 % | 80.3 % |
Gearing | 178.2 % | 3.3 % | 2.4 % | 24.1 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 2.1 | 16.3 | 13.2 | 3.2 |
Current ratio | 0.5 | 2.1 | 16.3 | 13.2 | 3.2 |
Cash and cash equivalents | 22.95 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BBB | BBB |
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