Better Energy Solar Park Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Better Energy Solar Park Holding ApS
Better Energy Solar Park Holding ApS (CVR number: 37516058) is a company from FREDERIKSBERG. The company recorded a gross profit of -40.5 kDKK in 2023. The operating profit was -40.5 kDKK, while net earnings were 3994 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.7 %, which can be considered decent and Return on Equity (ROE) was 6.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 72.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Better Energy Solar Park Holding ApS's liquidity measured by quick ratio was 67.4 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -32.04 | -2 051.85 | -29.48 | -50.67 | -40.45 |
EBIT | -32.04 | -2 051.85 | -29.48 | -50.67 | -40.45 |
Net earnings | 7 934.69 | 5 425.99 | 2 718.96 | 3 367.18 | 3 994.02 |
Shareholders equity total | 46 216.36 | 51 627.43 | 54 344.87 | 57 699.12 | 61 679.27 |
Balance sheet total (assets) | 49 001.31 | 72 636.63 | 76 366.22 | 81 331.56 | 84 855.69 |
Net debt | 1 642.20 | 19 707.18 | 20 520.46 | 22 019.87 | 22 605.71 |
Profitability | |||||
EBIT-% | |||||
ROA | 17.0 % | 9.8 % | 4.9 % | 5.5 % | 6.7 % |
ROE | 18.8 % | 11.1 % | 5.1 % | 6.0 % | 6.7 % |
ROI | 18.1 % | 9.9 % | 4.9 % | 5.5 % | 6.7 % |
Economic value added (EVA) | 447.31 | - 734.20 | 1 222.53 | 1 315.87 | 1 455.09 |
Solvency | |||||
Equity ratio | 94.3 % | 71.1 % | 71.2 % | 70.9 % | 72.7 % |
Gearing | 5.6 % | 39.9 % | 39.8 % | 40.0 % | 36.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 6.3 | 1.6 | 1.6 | 72.4 | 67.4 |
Current ratio | 6.3 | 1.6 | 1.6 | 72.4 | 67.4 |
Cash and cash equivalents | 923.58 | 908.89 | 1 100.89 | 1 088.38 | 4.67 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | A | AA | AA | AA |
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