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

CVR number: 39591456
Gammel Kongevej 60, 1850 Frederiksberg C

Credit rating

Company information

Official name
Better Energy Gimminge P/S
Established
2018
Industry

About Better Energy Gimminge P/S

Better Energy Gimminge P/S (CVR number: 39591456) is a company from FREDERIKSBERG. The company recorded a gross profit of 3035.1 kDKK in 2024. The operating profit was 391.4 kDKK, while net earnings were -1248.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.6 %, which can be considered weak but Return on Equity (ROE) was -2.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 16.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Better Energy Gimminge P/S's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 633.944 211.434 342.434 030.413 035.06
EBIT311.301 566.141 656.411 370.20391.39
Net earnings-5 701.31- 484.74- 501.12- 674.14-1 248.07
Shareholders equity total- 310.89- 795.63-1 296.75-1 970.8911 781.04
Balance sheet total (assets)81 255.8782 675.6879 702.9475 603.3872 606.11
Net debt78 519.0576 312.2273 564.0771 841.0755 711.03
Profitability
EBIT-%
ROA1.4 %1.9 %2.0 %1.8 %0.6 %
ROE-12.3 %-0.6 %-0.6 %-0.9 %-2.9 %
ROI1.4 %1.9 %2.0 %1.8 %0.6 %
Economic value added (EVA)- 365.29-2 514.60-2 494.99-2 598.52-3 393.74
Solvency
Equity ratio-0.4 %-1.0 %-1.6 %-2.5 %16.2 %
Gearing-25554.1 %-10077.0 %-5939.9 %-3814.4 %496.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.11.21.20.1
Current ratio0.00.11.21.20.1
Cash and cash equivalents926.713 863.723 461.293 336.382 752.96
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:0.59%
Rating: 23/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:16.2%
Rating: 16/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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