Better Energy Holding A/S

Better Energy Holding A/S (CVR number: 31865883K) is a company from FREDERIKSBERG. The company reported a net sales of 2864.2 mDKK in 2022, demonstrating a growth of 84.7 % compared to the previous year. The operating profit percentage was at 14.2 % (EBIT: 406.1 mDKK), while net earnings were 123.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.3 %, which can be considered good but Return on Equity (ROE) was 17.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Better Energy Holding A/S's liquidity measured by quick ratio was 4.9 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.