Better Energy Horslunde III P/S — Credit Rating and Financial Key Figures

CVR number: 35872973
Mariagervej 58 B, 9500 Hobro
info@ewe.dk
tel: 96207040

Company information

Official name
Better Energy Horslunde III P/S
Established
2014
Industry

About Better Energy Horslunde III P/S

Better Energy Horslunde III P/S (CVR number: 35872973) is a company from MARIAGERFJORD. The company recorded a gross profit of 1188.4 kDKK in 2024. The operating profit was 650.2 kDKK, while net earnings were 796.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.7 %, which can be considered decent and Return on Equity (ROE) was 5.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 75.7 %, 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 Horslunde III P/S's liquidity measured by quick ratio was 9.9 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 (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 462.941 302.021 188.36
EBIT924.79763.87650.20
Net earnings686.56569.97756.251 170.06796.19
Shareholders equity total6 273.676 739.807 050.7814 252.5415 072.43
Balance sheet total (assets)14 351.7814 036.9313 514.7219 904.3219 923.52
Net debt7 202.846 189.375 391.654 743.932 503.53
Profitability
EBIT-%
ROA6.7 %8.0 %4.7 %
ROE10.9 %8.8 %11.0 %11.0 %5.4 %
ROI6.8 %8.0 %4.7 %
Economic value added (EVA)-1 235.49-1 122.41- 141.5588.68- 347.41
Solvency
Equity ratio28.0 %31.6 %52.2 %71.6 %75.7 %
Gearing127.3 %106.6 %90.6 %39.3 %31.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.11.29.39.9
Current ratio0.91.11.29.39.9
Cash and cash equivalents781.82994.38994.20856.462 297.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:4.71%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.7%
Rating: 57/100
-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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