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

CVR number: 38172166
Københavnsvej 81, 4000 Roskilde
Free credit report Annual report

Credit rating

Company information

Official name
Better Energy Tango K/S
Established
2016
Company form
Limited partnership
Industry

About Better Energy Tango K/S

Better Energy Tango K/S (CVR number: 38172166) is a company from ROSKILDE. The company recorded a gross profit of -11.3 kEUR in 2024. The operating profit was -11.3 kEUR, while net earnings were -21 kEUR. 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 -0.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Better Energy Tango K/S's liquidity measured by quick ratio was 282.5 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 (kEUR)

EBIT (kEUR)

Profitability

Solidity

Key figures (kEUR)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-13.07-11.28
EBIT-13.07-11.28
Net earnings177.64- 199.84955.81-33.14-20.97
Shareholders equity total2 478.312 331.453 433.472 473.422 352.88
Balance sheet total (assets)7 455.262 364.833 434.932 475.092 355.68
Net debt4 748.840.270.27
Profitability
EBIT-%
ROA-1.0 %-0.7 %
ROE7.4 %-8.3 %33.2 %-1.1 %-0.9 %
ROI-1.0 %-0.7 %
Economic value added (EVA)- 680.88- 624.20- 117.16- 185.60- 135.84
Solvency
Equity ratio19.9 %98.6 %100.0 %99.9 %99.9 %
Gearing200.4 %0.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.822.21 199.6521.0282.5
Current ratio0.822.21 199.6521.0282.5
Cash and cash equivalents217.81
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-0.67%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.9%
Rating: 98/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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