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

CVR number: 37618209
Gammel Kongevej 60, 1850 Frederiksberg C

Company information

Official name
Better Energy Solar Parks A/S
Established
2016
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
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 earnings3 470.652 351.423 002.033 339.303 061.56
Shareholders equity total37 938.4940 288.3943 288.9346 602.9249 661.81
Balance sheet total (assets)39 712.3542 715.5947 199.8250 697.5654 454.00
Net debt221.64298.411 057.50198.43129.92
Profitability
EBIT-%
ROA9.9 %7.2 %8.4 %9.6 %6.9 %
ROE9.6 %6.0 %7.2 %7.4 %6.4 %
ROI9.9 %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 ratio95.5 %94.3 %91.7 %91.9 %91.2 %
Gearing0.6 %0.7 %2.4 %0.4 %1.4 %
Relative net indebtedness %
Liquidity
Quick ratio93.171.722.239.027.4
Current ratio93.171.722.239.027.4
Cash and cash equivalents7.121.792.659.16560.98
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:6.89%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.2%
Rating: 72/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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