Better Energy Generation A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Better Energy Generation A/S
Better Energy Generation A/S (CVR number: 38231049) is a company from FREDERIKSBERG. The company recorded a gross profit of -274.1 kDKK in 2024. The operating profit was -274.1 kDKK, while net earnings were -1148.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was -43.9 %, which can be considered poor and Return on Equity (ROE) was -131.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -31.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Better Energy Generation A/S's liquidity measured by quick ratio was 0.6 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 | - 137.50 | -60.38 | - 104.77 | -90.81 | - 274.11 |
EBIT | - 137.50 | -60.38 | - 104.77 | -90.81 | - 274.11 |
Net earnings | 48 722.72 | 49 620.13 | 184 512.62 | 233 045.48 | -1 148 074.42 |
Shareholders equity total | 164 521.58 | 187 790.21 | 258 479.43 | 530 635.05 | - 566 041.77 |
Balance sheet total (assets) | 422 490.71 | 837 101.86 | 960 217.38 | 2 841 008.10 | 1 213 559.01 |
Net debt | 257 514.68 | 648 813.33 | 700 223.64 | 2 308 491.54 | 1 713 083.07 |
Profitability | |||||
EBIT-% | |||||
ROA | 18.4 % | 9.3 % | 21.9 % | 16.7 % | -43.9 % |
ROE | 53.3 % | 28.2 % | 82.7 % | 59.1 % | -131.6 % |
ROI | 18.4 % | 9.3 % | 21.9 % | 16.7 % | -44.5 % |
Economic value added (EVA) | -9 602.98 | -21 256.15 | -42 121.29 | -48 247.81 | - 142 891.18 |
Solvency | |||||
Equity ratio | 38.9 % | 22.4 % | 26.9 % | 18.7 % | -31.8 % |
Gearing | 156.5 % | 345.5 % | 270.9 % | 435.1 % | -302.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 1.2 | 1.2 | 1.1 | 0.6 |
Current ratio | 1.0 | 1.2 | 1.2 | 1.1 | 0.6 |
Cash and cash equivalents | 34.45 | 3.02 | 42.78 | 224.09 | 24.29 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BBB | BBB | B |
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