Better Energy Fårvang Estate A/S — Credit Rating and Financial Key Figures

CVR number: 37619078
Gammel Kongevej 60, 1850 Frederiksberg C

Credit rating

Company information

Official name
Better Energy Fårvang Estate A/S
Established
2016
Company form
Limited company
Industry

About Better Energy Fårvang Estate A/S

Better Energy Fårvang Estate A/S (CVR number: 37619078) is a company from FREDERIKSBERG. The company recorded a gross profit of 133.4 kDKK in 2023. The operating profit was 133.4 kDKK, while net earnings were -404.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.3 %, which can be considered weak but Return on Equity (ROE) was -4.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -14.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Better Energy Fårvang Estate A/S's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit175.48177.91156.03- 187.19133.44
EBIT175.48177.91156.03- 100.20133.44
Net earnings- 212.49- 179.31- 200.35- 409.09- 404.30
Shareholders equity total- 282.26- 461.57- 661.92-1 071.01-1 475.31
Balance sheet total (assets)9 278.329 255.349 299.779 132.588 801.43
Net debt9 361.879 686.509 790.459 990.1410 251.14
Profitability
EBIT-%
ROA1.9 %1.8 %1.6 %-1.0 %1.3 %
ROE-2.4 %-1.9 %-2.2 %-4.4 %-4.5 %
ROI1.9 %1.9 %1.6 %-1.0 %1.3 %
Economic value added (EVA)160.01193.79180.40-21.28197.24
Solvency
Equity ratio-3.0 %-4.8 %-6.6 %-10.5 %-14.4 %
Gearing-3353.2 %-2105.2 %-1505.0 %-952.7 %-695.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.10.10.1
Current ratio0.10.10.10.10.1
Cash and cash equivalents102.6330.41171.24213.4610.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBBBB

Variable visualization

ROA:1.33%
Rating: 27/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-14.4%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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