Better Energy Solar Park Holding ApS — Credit Rating and Financial Key Figures

CVR number: 37516058
Gammel Kongevej 60, 1850 Frederiksberg C

Company information

Official name
Better Energy Solar Park Holding ApS
Established
2016
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 earnings7 934.695 425.992 718.963 367.183 994.02
Shareholders equity total46 216.3651 627.4354 344.8757 699.1261 679.27
Balance sheet total (assets)49 001.3172 636.6376 366.2281 331.5684 855.69
Net debt1 642.2019 707.1820 520.4622 019.8722 605.71
Profitability
EBIT-%
ROA17.0 %9.8 %4.9 %5.5 %6.7 %
ROE18.8 %11.1 %5.1 %6.0 %6.7 %
ROI18.1 %9.9 %4.9 %5.5 %6.7 %
Economic value added (EVA)447.31- 734.201 222.531 315.871 455.09
Solvency
Equity ratio94.3 %71.1 %71.2 %70.9 %72.7 %
Gearing5.6 %39.9 %39.8 %40.0 %36.7 %
Relative net indebtedness %
Liquidity
Quick ratio6.31.61.672.467.4
Current ratio6.31.61.672.467.4
Cash and cash equivalents923.58908.891 100.891 088.384.67
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:6.70%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.7%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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