Better Energy Generation II A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 -223.4 kDKK in 2024. The operating profit was -223.4 kDKK, while net earnings were -1210.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was -46.1 %, which can be considered poor and Return on Equity (ROE) was -170.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -43 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Better Energy Generation II A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -43.50 | -42.01 | -90.58 | -78.91 | - 223.41 |
EBIT | -43.50 | -42.01 | -90.58 | -78.91 | - 223.41 |
Net earnings | 115 891.75 | 33 666.97 | 134 669.35 | 146 058.14 | -1 210 645.15 |
Shareholders equity total | 129 109.64 | 132 703.04 | 173 481.97 | 360 302.19 | - 797 818.63 |
Balance sheet total (assets) | 338 365.63 | 559 738.53 | 837 258.43 | 2 804 571.00 | 1 059 265.45 |
Net debt | 208 758.89 | 426 475.43 | 663 372.20 | 2 443 832.20 | 1 856 590.99 |
Profitability | |||||
EBIT-% | |||||
ROA | 56.3 % | 8.0 % | 20.6 % | 12.7 % | -46.1 % |
ROE | 162.8 % | 25.7 % | 88.0 % | 54.7 % | -170.6 % |
ROI | 56.3 % | 8.0 % | 20.6 % | 12.7 % | -46.1 % |
Economic value added (EVA) | -4 521.52 | -17 018.39 | -28 190.14 | -42 121.00 | - 141 129.05 |
Solvency | |||||
Equity ratio | 38.2 % | 23.7 % | 20.7 % | 12.8 % | -43.0 % |
Gearing | 161.8 % | 321.5 % | 382.4 % | 678.3 % | -232.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 0.9 | 0.9 | 1.0 | 0.5 |
Current ratio | 0.8 | 0.9 | 0.9 | 1.0 | 0.5 |
Cash and cash equivalents | 98.97 | 170.06 | 14.26 | 45.61 | 8.54 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | BBB | B |
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