Better Energy Holding A/S

Better Energy Holding A/S (CVR number: 31865883K) is a company from FREDERIKSBERG. The company reported a net sales of 2501.1 mDKK in 2023, demonstrating a decline of -12.7 % compared to the previous year. The operating profit percentage was at 27.7 % (EBIT: 692.8 mDKK), while net earnings were 132.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.8 %, which can be considered decent but Return on Equity (ROE) was 11.6 %, which can be considered good. 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 Holding A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.