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

CVR number: 38929291
Gammel Kongevej 60, 1850 Frederiksberg C
Free credit report Annual report

Credit rating

Company information

Official name
Better Energy Poland Holding A/S
Established
2017
Company form
Limited company
Industry

About Better Energy Poland Holding A/S

Better Energy Poland Holding A/S (CVR number: 38929291) is a company from FREDERIKSBERG. The company recorded a gross profit of -62073.5 kDKK in 2024. The operating profit was -62.1 mDKK, while net earnings were -66.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was -26.4 %, which can be considered poor and Return on Equity (ROE) was -33.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 76.5 %, 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 Poland Holding A/S's liquidity measured by quick ratio was 4.2 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-7.20- 470.41-84.09-81.43-62 073.48
EBIT-7.20- 470.41-84.09-81.43-62 073.48
Net earnings-3 491.6722 403.79110 370.10109 893.88-66 195.23
Shareholders equity total-10 424.4311 985.68122 416.32232 144.13165 778.60
Balance sheet total (assets)44 553.08358 236.00178 620.08236 001.91216 708.60
Net debt54 390.06345 339.8255 065.00-2 644.1847 089.40
Profitability
EBIT-%
ROA-1.4 %12.9 %46.0 %59.8 %-26.4 %
ROE-12.4 %79.3 %164.2 %62.0 %-33.3 %
ROI-1.4 %12.9 %46.1 %60.4 %-26.8 %
Economic value added (EVA)- 603.60-2 784.29-18 042.19-8 997.10-78 615.76
Solvency
Equity ratio-19.0 %3.3 %68.5 %98.4 %76.5 %
Gearing-523.6 %2885.5 %45.2 %0.0 %28.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.81.03.261.14.2
Current ratio0.81.03.261.14.2
Cash and cash equivalents187.95505.50304.352 719.18157.74
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-26.4%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.5%
Rating: 57/100
-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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