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 MARIAGERFJORD. The company recorded a gross profit of -1.2 kEUR in 2023. The operating profit was -1.2 kEUR, while net earnings were -3.7 kEUR. The profitability of the company measured by Return on Assets (ROA) was -1.1 %, which can be considered poor and Return on Equity (ROE) was -1.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.4 %, 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 47.9 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -1.04 | -1.25 | |||
EBIT | -1.04 | -1.25 | |||
Net earnings | 31.36 | 24.23 | -4.56 | -4.94 | -3.66 |
Shareholders equity total | 260.71 | 274.94 | 270.39 | 240.44 | 226.78 |
Balance sheet total (assets) | 677.49 | 639.77 | 271.81 | 242.71 | 230.49 |
Net debt | 383.72 | 350.34 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 0.2 % | -1.1 % | |||
ROE | 12.2 % | 9.0 % | -1.7 % | -1.9 % | -1.6 % |
ROI | 0.2 % | -1.1 % | |||
Economic value added (EVA) | -31.30 | -30.27 | -29.24 | -14.63 | -27.10 |
Solvency | |||||
Equity ratio | 23.8 % | 27.2 % | 99.5 % | 99.1 % | 98.4 % |
Gearing | 156.2 % | 132.8 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 1.0 | 128.5 | 67.9 | 47.9 |
Current ratio | 1.1 | 1.0 | 128.5 | 67.9 | 47.9 |
Cash and cash equivalents | 23.44 | 14.87 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB |
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