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 -23212.3 kDKK in 2024. The operating profit was -23.2 mDKK, while net earnings were -19.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was -23.4 %, which can be considered poor and Return on Equity (ROE) was -37.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 62.9 %, 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 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -2 051.85 | -29.48 | -50.67 | -40.45 | -23 212.34 |
EBIT | -2 051.85 | -29.48 | -50.67 | -40.45 | -23 212.34 |
Net earnings | 5 425.99 | 2 718.96 | 3 367.18 | 3 994.02 | -19 389.88 |
Shareholders equity total | 51 627.43 | 54 344.87 | 57 699.12 | 61 679.27 | 42 286.72 |
Balance sheet total (assets) | 72 636.63 | 76 366.22 | 81 331.56 | 84 855.69 | 67 253.81 |
Net debt | 19 707.18 | 20 520.46 | 22 019.87 | 22 605.71 | 24 315.65 |
Profitability | |||||
EBIT-% | |||||
ROA | 9.8 % | 4.9 % | 5.5 % | 6.7 % | -23.4 % |
ROE | 11.1 % | 5.1 % | 6.0 % | 6.7 % | -37.3 % |
ROI | 9.9 % | 4.9 % | 5.5 % | 6.7 % | -23.6 % |
Economic value added (EVA) | -4 025.05 | -3 653.23 | -3 856.83 | -4 092.12 | -27 621.45 |
Solvency | |||||
Equity ratio | 71.1 % | 71.2 % | 70.9 % | 72.7 % | 62.9 % |
Gearing | 39.9 % | 39.8 % | 40.0 % | 36.7 % | 57.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 1.6 | 72.4 | 67.4 | 0.7 |
Current ratio | 1.6 | 1.6 | 72.4 | 67.4 | 0.7 |
Cash and cash equivalents | 908.89 | 1 100.89 | 1 088.38 | 4.67 | 0.59 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | BBB |
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