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

CVR number: 38929291
Gammel Kongevej 60, 1850 Frederiksberg C

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 -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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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-3 489.61-3 491.6722 403.79110 370.10109 893.88
Shareholders equity total-7 032.57-10 424.4311 985.68122 416.32232 144.13
Balance sheet total (assets)11 896.4444 553.08358 236.00178 620.08236 001.91
Net debt18 919.7054 390.06345 339.8255 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)243.37348.05-31.07- 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 ratio0.60.81.03.261.1
Current ratio0.60.81.03.261.1
Cash and cash equivalents9.31187.95505.50304.352 719.18
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:59.8%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.4%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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