Better Energy Horslunde II P/S — Credit Rating and Financial Key Figures

CVR number: 35873007
Mariagervej 58 B, 9500 Hobro
info@ewe.dk
tel: 96207040

Company information

Official name
Better Energy Horslunde II P/S
Established
2014
Industry

About Better Energy Horslunde II P/S

Better Energy Horslunde II P/S (CVR number: 35873007) is a company from MARIAGERFJORD. The company recorded a gross profit of 1200.8 kDKK in 2024. The operating profit was 662.7 kDKK, while net earnings were 802.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.8 %, which can be considered decent and Return on Equity (ROE) was 5.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 75.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Better Energy Horslunde II P/S's liquidity measured by quick ratio was 9.7 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 477.891 306.791 200.83
EBIT939.72768.61662.65
Net earnings691.23580.11901.18833.40802.88
Shareholders equity total6 256.976 750.2413 153.2114 001.3014 827.88
Balance sheet total (assets)14 359.2514 048.0619 615.1219 653.1019 678.83
Net debt7 196.176 198.645 381.084 749.162 454.44
Profitability
EBIT-%
ROA6.4 %5.1 %4.8 %
ROE11.0 %8.9 %9.1 %6.1 %5.6 %
ROI6.4 %5.1 %4.8 %
Economic value added (EVA)-1 236.11-1 122.78- 127.18- 213.23- 322.33
Solvency
Equity ratio27.9 %31.6 %67.1 %71.2 %75.3 %
Gearing127.6 %106.4 %48.5 %40.0 %32.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.28.19.09.7
Current ratio0.91.28.19.09.7
Cash and cash equivalents788.49985.101 004.78851.232 346.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:4.80%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.3%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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