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

CVR number: 40390367
Gammel Kongevej 60, 1850 Frederiksberg C

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 12.9 mDKK in 2023. The operating profit was 5690.6 kDKK, while net earnings were -3454 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.5 %, which can be considered weak but Return on Equity (ROE) was -4.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 30.3 %, 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 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-3.99883.8812 947.06
EBIT-3.99- 325.545 690.57
Net earnings-12.55- 611.23-3 454.02
Shareholders equity total0.000.00387.4573 422.5169 968.49
Balance sheet total (assets)0.00374.756 857.63247 033.60230 671.95
Net debt6 103.48156 022.49150 273.60
Profitability
EBIT-%
ROA-0.1 %0.4 %2.5 %
ROE-6.5 %-1.7 %-4.8 %
ROI-0.1 %0.4 %2.5 %
Economic value added (EVA)-0.00-3.99- 326.73-3 575.04
Solvency
Equity ratio100.0 %0.0 %5.6 %29.7 %30.3 %
Gearing1669.2 %224.8 %220.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.319.00.9
Current ratio0.00.319.00.9
Cash and cash equivalents363.709 061.483 844.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingCBBAAAA

Variable visualization

ROA:2.49%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.3%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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