Better Energy Solar Parks A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Better Energy Solar Parks A/S
Better Energy Solar Parks A/S (CVR number: 37618209) is a company from FREDERIKSBERG. The company recorded a gross profit of -159.2 kDKK in 2024. The operating profit was -159.2 kDKK, while net earnings were 3061.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.9 %, which can be considered decent and Return on Equity (ROE) was 6.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 91.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Better Energy Solar Parks A/S's liquidity measured by quick ratio was 27.4 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 | -18.81 | -19.02 | -32.89 | -30.05 | - 159.23 |
EBIT | -18.81 | -19.02 | -32.89 | -30.05 | - 159.23 |
Net earnings | 3 470.65 | 2 351.42 | 3 002.03 | 3 339.30 | 3 061.56 |
Shareholders equity total | 37 938.49 | 40 288.39 | 43 288.93 | 46 602.92 | 49 661.81 |
Balance sheet total (assets) | 39 712.35 | 42 715.59 | 47 199.82 | 50 697.56 | 54 454.00 |
Net debt | 221.64 | 298.41 | 1 057.50 | 198.43 | 129.92 |
Profitability | |||||
EBIT-% | |||||
ROA | 9.9 % | 7.2 % | 8.4 % | 9.6 % | 6.9 % |
ROE | 9.6 % | 6.0 % | 7.2 % | 7.4 % | 6.4 % |
ROI | 9.9 % | 7.2 % | 8.5 % | 9.7 % | 6.9 % |
Economic value added (EVA) | -2 412.12 | -2 008.65 | -2 168.91 | -2 391.41 | -2 620.14 |
Solvency | |||||
Equity ratio | 95.5 % | 94.3 % | 91.7 % | 91.9 % | 91.2 % |
Gearing | 0.6 % | 0.7 % | 2.4 % | 0.4 % | 1.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 93.1 | 71.7 | 22.2 | 39.0 | 27.4 |
Current ratio | 93.1 | 71.7 | 22.2 | 39.0 | 27.4 |
Cash and cash equivalents | 7.12 | 1.79 | 2.65 | 9.16 | 560.98 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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