BETTER ENERGY DESSAU P/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About BETTER ENERGY DESSAU P/S
BETTER ENERGY DESSAU P/S (CVR number: 35529594) is a company from AARHUS. The company recorded a gross profit of -1.5 kEUR in 2024. The operating profit was -1.5 kEUR, while net earnings were 23.1 kEUR. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak and Return on Equity (ROE) was 3.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. BETTER ENERGY DESSAU P/S's liquidity measured by quick ratio was 216.9 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.
Financial information
See financialsGross profit (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -1.04 | -1.25 | -1.54 | ||
EBIT | -1.04 | -1.25 | -1.54 | ||
Net earnings | 24.23 | -4.56 | -4.94 | -3.66 | 23.06 |
Shareholders equity total | 274.95 | 270.39 | 240.44 | 564.28 | 663.60 |
Balance sheet total (assets) | 644.41 | 271.81 | 242.71 | 567.98 | 666.51 |
Net debt | 350.34 | - 117.69 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 0.2 % | -0.9 % | 3.7 % | ||
ROE | 9.0 % | -1.7 % | -1.9 % | -0.9 % | 3.8 % |
ROI | 0.2 % | -0.9 % | 3.8 % | ||
Economic value added (EVA) | -54.50 | -50.73 | -14.63 | -13.33 | -29.89 |
Solvency | |||||
Equity ratio | 27.1 % | 99.5 % | 99.1 % | 99.3 % | 99.6 % |
Gearing | 132.8 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 128.5 | 67.9 | 139.0 | 216.9 |
Current ratio | 1.1 | 128.5 | 67.9 | 139.0 | 216.9 |
Cash and cash equivalents | 14.87 | 117.69 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BBB |
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