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

CVR number: 40391746
Gammel Kongevej 60, 1850 Frederiksberg C
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Credit rating

Company information

Official name
Better Energy Svendborg P/S
Established
2019
Industry

About Better Energy Svendborg P/S

Better Energy Svendborg P/S (CVR number: 40391746) is a company from FREDERIKSBERG. The company recorded a gross profit of -3914 kDKK in 2024. The operating profit was -8022.2 kDKK, while net earnings were -10.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was -6.6 %, which can be considered poor and Return on Equity (ROE) was -28.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Better Energy Svendborg P/S's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit-2.50- 221.1919 174.404 896.06-3 914.02
EBIT-2.50- 221.1915 697.63723.93-8 022.16
Net earnings-2.02- 243.4113 642.83-1 422.20-10 899.39
Shareholders equity total397.9847 023.9560 666.7842 244.5833 254.00
Balance sheet total (assets)2 996.08159 215.87145 965.01122 572.75119 307.45
Net debt- 399.92107 119.7760 436.9072 642.9871 696.69
Profitability
EBIT-%
ROA-0.1 %-0.3 %10.4 %0.9 %-6.6 %
ROE-0.5 %-1.0 %25.3 %-2.8 %-28.9 %
ROI-0.6 %-0.3 %10.5 %0.9 %-6.6 %
Economic value added (EVA)-2.50- 241.697 697.54-6 369.21-14 130.16
Solvency
Equity ratio13.3 %29.5 %41.6 %34.5 %27.9 %
Gearing227.9 %124.3 %180.0 %228.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.32.60.90.1
Current ratio0.20.32.60.90.1
Cash and cash equivalents399.9228.1114 994.203 382.394 116.66
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAABBB

Variable visualization

ROA:-6.57%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.9%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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