Better Energy Hjerm P/S — Credit Rating and Financial Key Figures

CVR number: 42148970
Gammel Kongevej 60, 1850 Frederiksberg C
Free credit report Annual report

Company information

Official name
Better Energy Hjerm P/S
Established
2021
Industry

About Better Energy Hjerm P/S

Better Energy Hjerm P/S (CVR number: 42148970) is a company from FREDERIKSBERG. The company recorded a gross profit of -57.3 kDKK in 2024. The operating profit was -57.3 kDKK, while net earnings were -32.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.8 %, which can be considered poor and Return on Equity (ROE) was -8.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79.8 %, 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 Hjerm P/S's liquidity measured by quick ratio was 4.9 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 (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
Volume
Net sales
Gross profit-4.77-17.00-21.54-57.33
EBIT-4.77-17.00-21.54-57.33
Net earnings4.46-0.663.79-32.13
Shareholders equity total404.46403.80407.59375.46
Balance sheet total (assets)407.46430.07432.59470.75
Net debt2.4425.7124.4860.79
Profitability
EBIT-%
ROA1.2 %-0.2 %0.9 %-6.8 %
ROE1.1 %-0.2 %0.9 %-8.2 %
ROI1.2 %-0.2 %0.9 %-7.1 %
Economic value added (EVA)-4.77-37.47-43.15-79.07
Solvency
Equity ratio99.3 %93.9 %94.2 %79.8 %
Gearing0.7 %6.5 %6.1 %16.3 %
Relative net indebtedness %
Liquidity
Quick ratio135.816.417.34.9
Current ratio135.816.417.34.9
Cash and cash equivalents0.560.560.520.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-6.84%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.8%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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