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

CVR number: 41055650
Gammel Kongevej 60, 1850 Frederiksberg C

Credit rating

Company information

Official name
Better Energy Partnerships P/S
Established
2019
Industry

About Better Energy Partnerships P/S

Better Energy Partnerships P/S (CVR number: 41055650) is a company from FREDERIKSBERG. The company recorded a gross profit of -120.4 kDKK in 2023. The operating profit was -120.4 kDKK, while net earnings were -40.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak but Return on Equity (ROE) was -381.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 1.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Better Energy Partnerships P/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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales
Gross profit-37.50-46.28- 113.00- 120.40
EBIT-37.50-46.28- 113.00- 120.40
Net earnings-9 804.25-15 068.0925 605.84-40 183.86
Shareholders equity total97 220.13103 146.146 722.0014 343.48
Balance sheet total (assets)276 389.38307 215.001 090 105.491 219 816.29
Net debt157 408.60201 876.121 067 632.261 187 353.58
Profitability
EBIT-%
ROA-9.6 %1.3 %7.3 %3.1 %
ROE-10.1 %-15.0 %46.6 %-381.5 %
ROI-10.4 %1.3 %7.4 %3.1 %
Economic value added (EVA)-26.63-2 347.49-12 228.20-1 556.82
Solvency
Equity ratio35.2 %33.6 %0.6 %1.2 %
Gearing161.9 %197.8 %16032.9 %8348.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.354.21.81.2
Current ratio1.354.21.81.2
Cash and cash equivalents0.112 142.7410 098.4810 049.85
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBB

Variable visualization

ROA:3.12%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:1.18%
Rating: 2/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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