Better Energy Poland Development A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Better Energy Poland Development A/S
Better Energy Poland Development A/S (CVR number: 39157934) is a company from FREDERIKSBERG. The company recorded a gross profit of -93.1 kDKK in 2024. The operating profit was -93.1 kDKK, while net earnings were -1266.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -19.6 %, which can be considered poor and Return on Equity (ROE) was -96 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Better Energy Poland Development A/S's liquidity measured by quick ratio was 50.7 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 154.38 | 414.16 | 3 473.65 | -14.59 | -93.13 |
EBIT | 154.38 | 414.16 | 3 473.65 | -14.59 | -93.13 |
Net earnings | - 202.43 | - 350.70 | 1 697.04 | 462.48 | -1 266.75 |
Shareholders equity total | -1 356.20 | -1 706.90 | -9.86 | 452.61 | 2 185.87 |
Balance sheet total (assets) | 13 953.87 | 22 867.29 | 37 961.51 | 8 498.07 | 2 229.83 |
Net debt | 13 853.86 | 21 520.64 | 32 051.68 | 7 661.85 | -19.20 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.4 % | 2.1 % | 11.2 % | 7.8 % | -19.6 % |
ROE | -2.0 % | -1.9 % | 5.6 % | 2.4 % | -96.0 % |
ROI | 1.5 % | 2.3 % | 13.1 % | 8.9 % | -19.9 % |
Economic value added (EVA) | - 106.25 | - 266.08 | 1 497.91 | -1 623.04 | - 513.78 |
Solvency | |||||
Equity ratio | -8.9 % | -7.7 % | -0.0 % | 5.3 % | 98.0 % |
Gearing | -1070.5 % | -1261.9 % | -325253.5 % | 1749.5 % | 0.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.3 | 1.2 | 1.1 | 50.7 |
Current ratio | 0.9 | 0.3 | 1.0 | 1.1 | 50.7 |
Cash and cash equivalents | 664.19 | 19.55 | 24.82 | 256.56 | 23.17 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BB | BBB | BB |
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