Better Energy Danish Solar I A/S — Credit Rating and Financial Key Figures

CVR number: 39929139
Gammel Kongevej 60, 1850 Frederiksberg C

Company information

Official name
Better Energy Danish Solar I A/S
Established
2018
Company form
Limited company
Industry

About Better Energy Danish Solar I A/S

Better Energy Danish Solar I A/S (CVR number: 39929139) is a company from FREDERIKSBERG. The company recorded a gross profit of 1648.4 kDKK in 2024. The operating profit was 655.6 kDKK, while net earnings were 176.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.2 %, which can be considered weak and Return on Equity (ROE) was 3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 22.1 %, 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 Danish Solar I A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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-32.193 278.4112 048.933 775.201 648.38
EBIT-95.222 484.6311 041.972 766.63655.55
Net earnings- 151.001 386.107 914.981 502.99176.09
Shareholders equity total743.482 042.7812 104.954 350.197 249.69
Balance sheet total (assets)35 512.4435 915.4942 747.3933 732.7432 868.10
Net debt17 772.9930 371.9718 681.2526 572.7521 579.32
Profitability
EBIT-%
ROA-0.5 %7.0 %28.1 %7.3 %2.2 %
ROE-7.2 %99.5 %111.9 %18.3 %3.0 %
ROI-0.8 %8.9 %29.0 %7.5 %2.2 %
Economic value added (EVA)- 247.01903.266 793.41210.23-1 283.14
Solvency
Equity ratio2.1 %5.7 %28.3 %12.9 %22.1 %
Gearing2519.8 %1543.7 %210.6 %611.4 %315.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.32.70.61.4
Current ratio0.10.32.70.61.4
Cash and cash equivalents961.491 162.256 814.8023.631 313.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:2.15%
Rating: 31/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.1%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.