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

CVR number: 40390367
Gammel Kongevej 60, 1850 Frederiksberg C

Credit rating

Company information

Official name
Better Energy Ådum P/S
Established
2019
Industry

About Better Energy Ådum P/S

Better Energy Ådum P/S (CVR number: 40390367) is a company from FREDERIKSBERG. The company recorded a gross profit of 7322.4 kDKK in 2024. The operating profit was 167.6 kDKK, while net earnings were -8643.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.1 %, which can be considered weak but Return on Equity (ROE) was -13.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Better Energy Ådum P/S's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-3.99883.8812 947.067 322.39
EBIT-3.99- 325.545 690.57167.61
Net earnings-12.55- 611.23-3 454.02-8 643.76
Shareholders equity total0.00387.4573 422.5169 968.4961 324.72
Balance sheet total (assets)374.756 857.63247 033.60230 671.95224 508.70
Net debt6 103.48156 022.49150 273.60151 456.43
Profitability
EBIT-%
ROA-0.1 %0.4 %2.5 %0.1 %
ROE-6.5 %-1.7 %-4.8 %-13.2 %
ROI-0.1 %0.4 %2.5 %0.1 %
Economic value added (EVA)-0.00-3.99- 669.98-6 693.87-11 346.85
Solvency
Equity ratio0.0 %5.6 %29.7 %30.3 %27.3 %
Gearing1669.2 %224.8 %220.3 %255.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.319.00.90.1
Current ratio0.00.319.00.90.1
Cash and cash equivalents363.709 061.483 844.195 112.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBAABBB

Variable visualization

ROA:0.10%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.3%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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