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

Better Energy A/S (CVR number: 36950676) is a company from FREDERIKSBERG. The company reported a net sales of 1926.7 mDKK in 2023, demonstrating a decline of -20 % compared to the previous year. The operating profit percentage was at 22.1 % (EBIT: 425.3 mDKK), while net earnings were 268.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 37 %, which can be considered excellent and Return on Equity (ROE) was 63.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 43.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Better Energy A/S's liquidity measured by quick ratio was 1.8 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.