Better Energy Lengenfeld K/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -1.23 | -1.14 | -1.33 | ||
EBIT | -1.23 | -1.14 | -1.33 | ||
Net earnings | 30.21 | -8.24 | 24.26 | -40.24 | -9.33 |
Shareholders equity total | 325.66 | 317.42 | 341.68 | 331.39 | 349.41 |
Balance sheet total (assets) | 776.35 | 321.61 | 343.83 | 332.89 | 351.78 |
Net debt | 358.68 | 2.88 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 7.3 % | -11.9 % | -2.7 % | ||
ROE | 9.7 % | -2.6 % | 7.4 % | -12.0 % | -2.7 % |
ROI | 7.4 % | -12.0 % | -2.7 % | ||
Economic value added (EVA) | -33.18 | -31.91 | -17.32 | -36.59 | -34.76 |
Solvency | |||||
Equity ratio | 26.5 % | 97.4 % | 99.4 % | 99.5 % | 99.3 % |
Gearing | 137.1 % | 0.9 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.2 | 244.4 | 160.4 | 220.6 | 148.6 |
Current ratio | 3.2 | 244.4 | 160.4 | 220.6 | 148.6 |
Cash and cash equivalents | 87.89 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BB | B | B |
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