Better Energy Horslunde K/S — Credit Rating and Financial Key Figures

CVR number: 38498053
Gammel Kongevej 60, 1850 Frederiksberg C

Company information

Official name
Better Energy Horslunde K/S
Established
2017
Company form
Limited partnership
Industry

About Better Energy Horslunde K/S

Better Energy Horslunde K/S (CVR number: 38498053) is a company from FREDERIKSBERG. The company recorded a gross profit of -136.6 kDKK in 2024. The operating profit was -136.6 kDKK, while net earnings were 846.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent and Return on Equity (ROE) was 4.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 98.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Better Energy Horslunde K/S's liquidity measured by quick ratio was 55.1 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-1.07-14.35-23.50-21.58- 136.63
EBIT-1.07-14.35-23.50-21.58- 136.63
Net earnings2 347.901 924.782 476.80525.16846.65
Shareholders equity total15 237.2417 162.0219 638.8220 163.9821 010.63
Balance sheet total (assets)16 379.1218 364.3620 903.3121 159.8521 399.23
Net debt1 141.87-2 093.81-3 153.17-3 364.18-4 009.78
Profitability
EBIT-%
ROA15.7 %12.2 %13.0 %2.8 %4.3 %
ROE16.7 %11.9 %13.5 %2.6 %4.1 %
ROI15.7 %12.2 %13.0 %2.8 %4.3 %
Economic value added (EVA)- 703.34- 837.40- 946.31-1 071.97-1 199.87
Solvency
Equity ratio93.0 %93.5 %94.0 %95.3 %98.2 %
Gearing7.5 %7.0 %6.4 %4.9 %1.6 %
Relative net indebtedness %
Liquidity
Quick ratio6.86.76.521.255.1
Current ratio6.86.76.521.255.1
Cash and cash equivalents3 296.144 417.664 359.064 343.42
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBB

Variable visualization

ROA:4.29%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.2%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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