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

CVR number: 35873066
Mariagervej 58 B, 9500 Hobro
info@ewe.dk
tel: 96207040

Company information

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

About Better Energy Horslunde I P/S

Better Energy Horslunde I P/S (CVR number: 35873066) is a company from MARIAGERFJORD. The company recorded a gross profit of 1254.2 kDKK in 2024. The operating profit was 716 kDKK, while net earnings were 875.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent and Return on Equity (ROE) was 6.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 75.2 %, 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 I P/S's liquidity measured by quick ratio was 9.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 478.561 329.841 254.18
EBIT940.39791.66716.00
Net earnings705.05591.41770.701 208.34875.52
Shareholders equity total6 289.136 743.706 929.1313 847.1514 746.38
Balance sheet total (assets)14 368.5314 042.5913 395.5219 498.9519 597.43
Net debt7 188.676 185.885 523.534 764.202 368.06
Profitability
EBIT-%
ROA6.9 %8.4 %5.2 %
ROE11.1 %9.1 %11.3 %11.6 %6.1 %
ROI6.9 %8.4 %5.2 %
Economic value added (EVA)-1 238.57-1 123.25- 126.24122.58- 261.23
Solvency
Equity ratio28.0 %31.6 %51.7 %71.0 %75.2 %
Gearing127.0 %106.5 %92.2 %40.4 %32.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.21.18.89.6
Current ratio0.91.21.18.89.6
Cash and cash equivalents795.99997.87862.32836.182 432.78
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:5.20%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.2%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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