Better Energy Gerringe P/S — Credit Rating and Financial Key Figures

CVR number: 40217835
Gammel Kongevej 60, 1850 Frederiksberg C
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Credit rating

Company information

Official name
Better Energy Gerringe P/S
Established
2019
Industry

About Better Energy Gerringe P/S

Better Energy Gerringe P/S (CVR number: 40217835) is a company from FREDERIKSBERG. The company recorded a gross profit of -101.1 kDKK in 2024. The operating profit was -101.1 kDKK, while net earnings were -100.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.7 %, which can be considered poor and Return on Equity (ROE) was -10.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 9.4 %, 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 Gerringe P/S's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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-3.30-17.58-21.62- 101.06
EBIT-3.30-17.58-21.62- 101.06
Net earnings-3.51-83.67-36.09- 100.12
Shareholders equity total0.00401.49317.81281.731 681.61
Balance sheet total (assets)1 707.512 144.7913 067.6811 647.1317 884.69
Net debt1 738.1412 738.9911 346.0116 149.69
Profitability
EBIT-%
ROA-0.2 %-0.2 %0.0 %-0.7 %
ROE-1.7 %-23.3 %-12.0 %-10.2 %
ROI-0.3 %-0.2 %0.0 %-0.7 %
Economic value added (EVA)-0.00-3.30- 125.35- 678.27- 686.33
Solvency
Equity ratio0.0 %18.7 %2.4 %2.4 %9.4 %
Gearing434.2 %4011.7 %4034.2 %961.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.20.20.00.2
Current ratio0.00.20.20.00.2
Cash and cash equivalents5.1610.8719.3911.39
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-0.68%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:9.40%
Rating: 9/100
-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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