Better Energy Estate I ApS — Credit Rating and Financial Key Figures

CVR number: 39273365
Gammel Kongevej 60, 1850 Frederiksberg C

Credit rating

Company information

Official name
Better Energy Estate I ApS
Established
2018
Company form
Private limited company
Industry

About Better Energy Estate I ApS

Better Energy Estate I ApS (CVR number: 39273365) is a company from FREDERIKSBERG. The company recorded a gross profit of -5 kDKK in 2023. The operating profit was -5 kDKK, while net earnings were 361.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 58.5 %, which can be considered excellent and Return on Equity (ROE) was 38.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 12.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Better Energy Estate I ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-1.86-1.13-10.00-7.86-5.00
EBIT-1.86-1.13-10.00-7.86-5.00
Net earnings-2.53-18.36-52.47-48.74361.12
Shareholders equity total47.6631.28-21.64-75.80283.69
Balance sheet total (assets)1 505.611 340.611 309.951 574.192 265.59
Net debt554.27406.04431.31735.951 958.08
Profitability
EBIT-%
ROA-0.2 %-0.0 %-3.1 %-2.2 %58.5 %
ROE-5.2 %-46.5 %-7.8 %-3.4 %38.9 %
ROI-0.4 %-0.1 %-9.4 %-5.6 %76.0 %
Economic value added (EVA)-4.3872.2257.1960.0578.83
Solvency
Equity ratio3.2 %2.3 %-1.6 %-4.6 %12.5 %
Gearing1170.7 %1308.6 %-1994.0 %-989.4 %698.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.01.1
Current ratio0.00.00.00.01.1
Cash and cash equivalents3.673.290.2814.0423.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:58.5%
Rating: 99/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:12.5%
Rating: 12/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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