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

Better Energy Danish Solar I A/S (CVR number: 39929139) is a company from FREDERIKSBERG. The company recorded a gross profit of 3775.2 kDKK in 2023. The operating profit was 2766.6 kDKK, while net earnings were 1503 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.3 %, which can be considered decent but Return on Equity (ROE) was 18.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 12.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Better Energy Danish Solar I A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.