Better Energy Aosta P/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Better Energy Aosta P/S
Better Energy Aosta P/S (CVR number: 37035181) is a company from MARIAGERFJORD. The company recorded a gross profit of -1 kEUR in 2023. The operating profit was -1 kEUR, while net earnings were 24.2 kEUR. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak and Return on Equity (ROE) was 0.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 63.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Better Energy Aosta P/S's liquidity measured by quick ratio was 1.1 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 financialsGross profit (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -1.25 | -0.97 | |||
EBIT | -1.25 | -0.97 | |||
Net earnings | 147.70 | 97.95 | -14.90 | 452.12 | 24.16 |
Shareholders equity total | 1 808.53 | 1 751.48 | 1 736.58 | 4 147.65 | 4 171.82 |
Balance sheet total (assets) | 5 089.50 | 4 769.76 | 1 738.53 | 6 047.72 | 6 562.48 |
Net debt | 2 830.03 | 1 806.18 | 2 296.95 | ||
Profitability | |||||
EBIT-% | |||||
ROA | 14.1 % | 0.4 % | |||
ROE | 5.5 % | -0.9 % | 15.4 % | 0.6 % | |
ROI | 14.3 % | 0.4 % | |||
Economic value added (EVA) | - 233.87 | - 231.28 | - 218.50 | -11.90 | 69.97 |
Solvency | |||||
Equity ratio | 22.5 % | 99.9 % | 68.6 % | 63.6 % | |
Gearing | 171.4 % | 43.5 % | 55.1 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.9 | 113.6 | 1.1 | 1.1 | |
Current ratio | 1.9 | 113.6 | 1.1 | 1.1 | |
Cash and cash equivalents | 206.47 | 172.74 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB |
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