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

CVR number: 36202491
Mariagervej 58 B, 9500 Hobro
info@ewe.dk
tel: 96207040

Company information

Official name
Better Energy Horslunde IV P/S
Established
2014
Industry

About Better Energy Horslunde IV P/S

Better Energy Horslunde IV P/S (CVR number: 36202491) is a company from MARIAGERFJORD. The company recorded a gross profit of 1183.6 kDKK in 2024. The operating profit was 642.8 kDKK, while net earnings were 728.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent and Return on Equity (ROE) was 5.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 74.2 %, 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 Horslunde IV P/S's liquidity measured by quick ratio was 8.6 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 profit1 469.781 292.671 183.60
EBIT929.00751.88642.81
Net earnings679.96567.20849.86761.98728.63
Shareholders equity total6 331.016 791.3712 429.1813 205.8513 958.19
Balance sheet total (assets)14 413.5914 094.7618 892.6918 862.3818 804.34
Net debt7 207.076 199.925 391.954 754.132 519.76
Profitability
EBIT-%
ROA6.2 %4.9 %4.6 %
ROE10.9 %8.6 %8.8 %5.9 %5.4 %
ROI6.2 %4.9 %4.6 %
Economic value added (EVA)-1 226.88-1 125.50- 140.24- 193.56- 302.19
Solvency
Equity ratio28.1 %31.7 %65.8 %70.0 %74.2 %
Gearing126.1 %105.8 %51.4 %42.4 %34.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.17.28.08.6
Current ratio0.91.17.28.08.6
Cash and cash equivalents777.42983.64993.73846.082 280.58
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:4.61%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.2%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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