BETTER ENERGY RED P/S — Credit Rating and Financial Key Figures

CVR number: 35225366
Egå Havvej 21 B, 8250 Egå
info@greenwindgroup.dk
tel: 86226200
Free credit report Annual report

Credit rating

Company information

Official name
BETTER ENERGY RED P/S
Established
2013
Industry

About BETTER ENERGY RED P/S

BETTER ENERGY RED P/S (CVR number: 35225366) is a company from AARHUS. The company recorded a gross profit of -1.6 kEUR in 2024. The operating profit was -1.6 kEUR, while net earnings were 60.5 kEUR. The profitability of the company measured by Return on Assets (ROA) was 6.2 %, which can be considered decent and Return on Equity (ROE) was 6.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 92.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. BETTER ENERGY RED P/S's liquidity measured by quick ratio was 8.3 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 (kEUR)

EBIT (kEUR)

Profitability

Solidity

Key figures (kEUR)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-1.56-0.01-1.56
EBIT-1.56-0.01-1.56
Net earnings24.982.95145.49-32.6560.52
Shareholders equity total401.91404.87883.45750.761 037.46
Balance sheet total (assets)1 047.61407.66885.00833.821 123.92
Net debt594.161.3956.69- 219.03
Profitability
EBIT-%
ROA22.6 %-3.8 %6.2 %
ROE6.0 %0.7 %22.6 %-4.0 %6.8 %
ROI22.7 %-3.8 %6.4 %
Economic value added (EVA)-91.76-84.53-21.97-44.40-42.13
Solvency
Equity ratio23.7 %99.3 %99.8 %90.0 %92.3 %
Gearing157.9 %0.3 %7.6 %5.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.9289.74.98.3
Current ratio0.70.9289.74.98.3
Cash and cash equivalents40.41278.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:6.21%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.3%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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