Better Energy Generation A/S — Credit Rating and Financial Key Figures

CVR number: 38231049
Gammel Kongevej 60, 1850 Frederiksberg C
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Company information

Official name
Better Energy Generation A/S
Established
2016
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
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 earnings48 722.7249 620.13184 512.62233 045.48-1 148 074.42
Shareholders equity total164 521.58187 790.21258 479.43530 635.05- 566 041.77
Balance sheet total (assets)422 490.71837 101.86960 217.382 841 008.101 213 559.01
Net debt257 514.68648 813.33700 223.642 308 491.541 713 083.07
Profitability
EBIT-%
ROA18.4 %9.3 %21.9 %16.7 %-43.9 %
ROE53.3 %28.2 %82.7 %59.1 %-131.6 %
ROI18.4 %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 ratio38.9 %22.4 %26.9 %18.7 %-31.8 %
Gearing156.5 %345.5 %270.9 %435.1 %-302.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.21.21.10.6
Current ratio1.01.21.21.10.6
Cash and cash equivalents34.453.0242.78224.0924.29
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBB

Variable visualization

ROA:-43.9%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-31.8%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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