Better Energy Tango K/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 -13.1 kEUR in 2023. The operating profit was -13.1 kEUR, while net earnings were -33.1 kEUR. The profitability of the company measured by Return on Assets (ROA) was -1 %, which can be considered poor and Return on Equity (ROE) was -1.1 %, 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 521 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 financialsGross profit (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -13.07 | ||||
EBIT | -13.07 | ||||
Net earnings | 153.63 | 177.64 | - 199.84 | 955.81 | -33.14 |
Shareholders equity total | 2 303.99 | 2 478.31 | 2 331.45 | 3 433.47 | 2 473.42 |
Balance sheet total (assets) | 8 143.78 | 7 455.26 | 2 364.83 | 3 434.93 | 2 475.09 |
Net debt | 4 879.23 | 4 748.84 | 0.27 | ||
Profitability | |||||
EBIT-% | |||||
ROA | -1.0 % | ||||
ROE | 6.8 % | 7.4 % | -8.3 % | 33.2 % | -1.1 % |
ROI | -1.0 % | ||||
Economic value added (EVA) | - 340.96 | - 342.78 | - 345.91 | -32.90 | -90.04 |
Solvency | |||||
Equity ratio | 16.5 % | 19.9 % | 98.6 % | 100.0 % | 99.9 % |
Gearing | 234.6 % | 200.4 % | 0.0 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 0.8 | 22.2 | 1 199.6 | 521.0 |
Current ratio | 0.8 | 0.8 | 22.2 | 1 199.6 | 521.0 |
Cash and cash equivalents | 526.78 | 217.81 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A |
Variable visualization
Roles
Companies in the same industry
- Professional credit risk reports
- Create your own estimates for any company
- Valuation analysis
- All 400,000+ Danish companies
- See instructions

... and more!
No registration needed.