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 -81.4 kDKK in 2023. The operating profit was -81.4 kDKK, while net earnings were 109.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 59.8 %, which can be considered excellent and Return on Equity (ROE) was 62 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 98.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Better Energy Poland Holding A/S's liquidity measured by quick ratio was 61.1 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -10.40 | -7.20 | - 470.41 | -84.09 | -81.43 |
EBIT | -10.40 | -7.20 | - 470.41 | -84.09 | -81.43 |
Net earnings | -3 489.61 | -3 491.67 | 22 403.79 | 110 370.10 | 109 893.88 |
Shareholders equity total | -7 032.57 | -10 424.43 | 11 985.68 | 122 416.32 | 232 144.13 |
Balance sheet total (assets) | 11 896.44 | 44 553.08 | 358 236.00 | 178 620.08 | 236 001.91 |
Net debt | 18 919.70 | 54 390.06 | 345 339.82 | 55 065.00 | -2 644.18 |
Profitability | |||||
EBIT-% | |||||
ROA | -3.0 % | -1.4 % | 12.9 % | 46.0 % | 59.8 % |
ROE | -7.6 % | -12.4 % | 79.3 % | 164.2 % | 62.0 % |
ROI | -3.0 % | -1.4 % | 12.9 % | 46.1 % | 60.4 % |
Economic value added (EVA) | 243.37 | 348.05 | -31.07 | - 638.06 | -6 199.50 |
Solvency | |||||
Equity ratio | -37.2 % | -19.0 % | 3.3 % | 68.5 % | 98.4 % |
Gearing | -269.2 % | -523.6 % | 2885.5 % | 45.2 % | 0.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 0.8 | 1.0 | 3.2 | 61.1 |
Current ratio | 0.6 | 0.8 | 1.0 | 3.2 | 61.1 |
Cash and cash equivalents | 9.31 | 187.95 | 505.50 | 304.35 | 2 719.18 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BB | BBB |
Variable visualization
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