Better Energy Holding A/S — Credit Rating and Financial Key Figures

Better Energy Holding A/S (CVR number: 31865883) is a company from FREDERIKSBERG. The company reported a net sales of 3.6 mDKK in 2021. The operating profit percentage was poor at -57.8 % (EBIT: -2.1 mDKK), while net earnings were 30.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak and Return on Equity (ROE) was 4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 31.6 %, 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 12.7 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.