Better Energy Generation II A/S — Credit Rating and Financial Key Figures

CVR number: 39069482
Gammel Kongevej 60, 1850 Frederiksberg C

Credit rating

Company information

Official name
Better Energy Generation II A/S
Established
2017
Company form
Limited company
Industry
  • Expand more icon64Financial service activities, except insurance and pension funding

About Better Energy Generation II A/S

Better Energy Generation II A/S (CVR number: 39069482) is a company from FREDERIKSBERG. The company recorded a gross profit of -78.9 kDKK in 2023. The operating profit was -78.9 kDKK, while net earnings were 146.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.7 %, which can be considered good but Return on Equity (ROE) was 54.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 12.8 %, 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 Generation II A/S's liquidity measured by quick ratio was 1 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
20192020202120222023
Volume
Net sales
Gross profit-35.00-43.50-42.01-90.58-78.91
EBIT-35.00-43.50-42.01-90.58-78.91
Net earnings9 278.07115 891.7533 666.97134 669.35146 058.14
Shareholders equity total13 227.53129 109.64132 703.04173 481.97360 302.19
Balance sheet total (assets)89 224.88338 365.63559 738.53837 258.432 804 571.00
Net debt75 975.82208 758.89426 475.43663 372.202 443 832.20
Profitability
EBIT-%
ROA15.7 %56.3 %8.0 %20.6 %12.7 %
ROE110.4 %162.8 %25.7 %88.0 %54.7 %
ROI15.7 %56.3 %8.0 %20.6 %12.7 %
Economic value added (EVA)1 991.302 602.918 606.778 929.7511 136.40
Solvency
Equity ratio14.8 %38.2 %23.7 %20.7 %12.8 %
Gearing574.4 %161.8 %321.5 %382.4 %678.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.80.90.91.0
Current ratio0.50.80.90.91.0
Cash and cash equivalents1.5498.97170.0614.2645.61
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:12.7%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:12.8%
Rating: 13/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

Build time: 2024-12-21T09:42:57.434Z

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.