Better Energy Poland Holding A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 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 | -3 491.67 | 22 403.79 | 110 370.10 | 109 893.88 | -66 195.23 |
Shareholders equity total | -10 424.43 | 11 985.68 | 122 416.32 | 232 144.13 | 165 778.60 |
Balance sheet total (assets) | 44 553.08 | 358 236.00 | 178 620.08 | 236 001.91 | 216 708.60 |
Net debt | 54 390.06 | 345 339.82 | 55 065.00 | -2 644.18 | 47 089.40 |
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 ratio | 0.8 | 1.0 | 3.2 | 61.1 | 4.2 |
Current ratio | 0.8 | 1.0 | 3.2 | 61.1 | 4.2 |
Cash and cash equivalents | 187.95 | 505.50 | 304.35 | 2 719.18 | 157.74 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BBB | BBB |
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