Better Energy Holding A/S

CVR number: 31865883
Gammel Kongevej 60, 1850 Frederiksberg C

Credit rating

Company information

Official name
Better Energy Holding A/S
Personnel
7 persons
Established
2014
Company form
Limited company
Industry
  • Expand more icon70Activities of head offices; management consultancy activities

About Better Energy Holding A/S

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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018202020212022
Volume
Net sales3 600.003 791.00
Gross profit2 726.001 815.00
EBIT-2 082.00-4 575.00
Net earnings30 087.00122 898.00
Shareholders equity total378 877.00373 696.001 043 346.00
Balance sheet total (assets)1 183 910.002 310 443.00
Net debt324 873.00614 434.00
Profitability
EBIT-%-57.8 %-120.7 %
ROA3.1 %8.2 %
ROE4.0 %17.3 %
ROI3.3 %8.4 %
Economic value added (EVA)1 936.69-20 765.40-16 429.95
Solvency
Equity ratio100.0 %31.6 %45.2 %
Gearing199.0 %120.1 %
Relative net indebtedness %10872.3 %16580.7 %
Liquidity
Quick ratio12.77.2
Current ratio12.77.2
Cash and cash equivalents418 812.00638 524.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %23048.3 %46024.7 %
Credit risk
Credit ratingAA

Variable visualization

ROA:8.24%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.2%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer
Chief executive officer
Chairman of the board
Board member

Companies in the same industry

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