Better Energy Lengenfeld K/S — Credit Rating and Financial Key Figures

CVR number: 34712654
Mariagervej 58 B, 9500 Hobro
info@ewe.dk
tel: 96207040
Free credit report Annual report

Company information

Official name
Better Energy Lengenfeld K/S
Established
2012
Company form
Limited partnership
Industry

About Better Energy Lengenfeld K/S

Better Energy Lengenfeld K/S (CVR number: 34712654) is a company from MARIAGERFJORD. The company recorded a gross profit of -1.3 kEUR in 2024. The operating profit was -1.3 kEUR, while net earnings were -9.3 kEUR. The profitability of the company measured by Return on Assets (ROA) was -2.7 %, which can be considered poor and Return on Equity (ROE) was -2.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Better Energy Lengenfeld K/S's liquidity measured by quick ratio was 148.6 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 (kEUR)

EBIT (kEUR)

Profitability

Solidity

Key figures (kEUR)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-1.23-1.14-1.33
EBIT-1.23-1.14-1.33
Net earnings30.21-8.2424.26-40.24-9.33
Shareholders equity total325.66317.42341.68331.39349.41
Balance sheet total (assets)776.35321.61343.83332.89351.78
Net debt358.682.88
Profitability
EBIT-%
ROA7.3 %-11.9 %-2.7 %
ROE9.7 %-2.6 %7.4 %-12.0 %-2.7 %
ROI7.4 %-12.0 %-2.7 %
Economic value added (EVA)-33.18-31.91-17.32-36.59-34.76
Solvency
Equity ratio26.5 %97.4 %99.4 %99.5 %99.3 %
Gearing137.1 %0.9 %
Relative net indebtedness %
Liquidity
Quick ratio3.2244.4160.4220.6148.6
Current ratio3.2244.4160.4220.6148.6
Cash and cash equivalents87.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-2.73%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.3%
Rating: 90/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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