Better Energy Spain ApS — Credit Rating and Financial Key Figures

CVR number: 39188287
Gammel Kongevej 60, 1850 Frederiksberg C

Company information

Official name
Better Energy Spain ApS
Established
2017
Company form
Private limited company
Industry

About Better Energy Spain ApS

Better Energy Spain ApS (CVR number: 39188287) is a company from FREDERIKSBERG. The company recorded a gross profit of -7.5 kDKK in 2022. The operating profit was -7.5 kDKK, while net earnings were 11.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.6 %, which can be considered weak and Return on Equity (ROE) was 2.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 96.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Better Energy Spain ApS's liquidity measured by quick ratio was 27.5 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
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit-0.01-10.00-7.50
EBIT-0.01-10.00-7.50
Net earnings-1.7815.2116.288.8711.41
Shareholders equity total123.22513.43529.71538.58549.98
Balance sheet total (assets)244.87643.821 044.15555.67570.70
Net debt116.97126.76135.949.8717.38
Profitability
EBIT-%
ROA1.1 %5.5 %3.0 %1.7 %2.6 %
ROE-1.4 %4.8 %3.1 %1.7 %2.1 %
ROI1.1 %5.5 %3.8 %2.3 %2.6 %
Economic value added (EVA)0.43-18.91-8.29-32.91
Solvency
Equity ratio50.3 %79.7 %50.7 %96.9 %96.4 %
Gearing98.7 %24.8 %25.7 %1.9 %3.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.03.91.032.527.5
Current ratio1.03.91.032.527.5
Cash and cash equivalents4.680.680.070.130.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:2.60%
Rating: 33/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.4%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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