Better Energy Nakskov III K/S — Credit Rating and Financial Key Figures

CVR number: 35044582
Mariagervej 58 B, 9500 Hobro
info@ewe.dk
tel: 96207040

Company information

Official name
Better Energy Nakskov III K/S
Established
2013
Company form
Limited partnership
Industry

About Better Energy Nakskov III K/S

Better Energy Nakskov III K/S (CVR number: 35044582) is a company from MARIAGERFJORD. The company recorded a gross profit of 493 kDKK in 2023. The operating profit was 176.5 kDKK, while net earnings were 122.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.4 %, which can be considered decent and Return on Equity (ROE) was 7.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 68.5 %, 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 Nakskov III K/S's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit624.30493.01
EBIT307.83176.53
Net earnings158.57249.28190.32259.11122.80
Shareholders equity total1 009.861 259.141 449.461 629.271 752.07
Balance sheet total (assets)3 836.623 541.973 221.182 965.332 558.37
Net debt2 427.121 841.981 325.20756.40324.03
Profitability
EBIT-%
ROA10.0 %6.4 %
ROE17.0 %22.0 %14.1 %16.8 %7.3 %
ROI10.2 %6.6 %
Economic value added (EVA)- 164.93- 147.58- 130.71193.5317.64
Solvency
Equity ratio15.2 %21.6 %29.0 %54.9 %68.5 %
Gearing272.3 %178.7 %120.7 %76.7 %42.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.80.90.90.8
Current ratio0.70.80.90.90.8
Cash and cash equivalents322.88408.02424.80493.60425.97
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAA

Variable visualization

ROA:6.41%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.5%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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