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

Better Energy Holding A/S (CVR number: 31865883) is a company from FREDERIKSBERG. The company reported a net sales of 3.8 mDKK in 2022, demonstrating a growth of 5.3 % compared to the previous year. The operating profit percentage was poor at -120.7 % (EBIT: -4.6 mDKK), while net earnings were 122.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.2 %, which can be considered good but Return on Equity (ROE) was 17.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45.2 %, 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 Holding A/S's liquidity measured by quick ratio was 7.2 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.