Better Energy A/S

 

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Analyst: XBRLDenmark
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Bankruptcy Risk 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Bankruptcy risk for industry  1.5% 1.5% 1.5% 1.5% 1.5%  
Bankruptcy risk  0.5% 0.6% 0.8% 0.7% 0.5%  
Credit score (0-100)  99 97 92 93 98  
Credit rating  AAA AA AA AA AA  
Credit limit (mDKK)  24.5 23.3 34.2 47.5 93.7  

How are these values calculated?
 
View the automatically generated explanation of bankruptcy risk

Income statement (mDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  0 981 1,315 2,409 1,927  
Gross profit  89.6 56.4 114 161 614  
EBITDA  62.0 22.6 70.6 66.3 438  
EBIT  62.0 20.4 67.5 62.6 425  
Pre-tax profit (PTP)  71.2 18.7 68.1 55.6 354.9  
Net earnings  56.8 12.5 48.1 36.0 268.2  
Pre-tax profit without non-rec. items  71.2 18.7 68.1 55.6 355  

 
See the entire income statement

Balance sheet (mDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Tangible assets total  12.5 12.8 15.3 29.9 64.0  
Shareholders equity total  194 208 256 286 560  
Interest-bearing liabilities  107 201 339 658 207  
Balance sheet total (assets)  460 507 924 1,132 1,283  

Net Debt  89.6 170 178 276 32.7  
 
See the entire balance sheet

Volume 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  0 981 1,315 2,409 1,927  
Net sales growth  0.0% 0.0% 34.0% 83.2% -20.0%  
Gross profit  89.6 56.4 114 161 614  
Gross profit growth  326.2% -37.0% 102.0% 40.9% 282.3%  
Employees  0 0 107 163 284  
Employee growth %  -100.0% 0.0% 0.0% 52.3% 74.2%  
Employee expenses  0.0 0.0 0.0 0.0 0.0  
Balance sheet total (assets)  460 507 924 1,132 1,283  
Balance sheet change%  79.9% 10.3% 82.2% 22.5% 13.3%  
Added value  62.0 22.6 70.6 65.7 437.7  
Added value %  0.0% 2.3% 5.4% 2.7% 22.7%  
Investments  12 -3 7 33 11  

Net sales trend  0.0 0.0 1.0 2.0 -1.0  
EBIT trend  4.0 5.0 5.0 5.0 5.0  

Profitability 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
EBITDA %  0.0% 2.3% 5.4% 2.8% 22.7%  
EBIT %  0.0% 2.1% 5.1% 2.6% 22.1%  
EBIT to gross profit (%)  69.2% 36.1% 59.2% 39.0% 69.2%  
Net Earnings %  0.0% 1.3% 3.7% 1.5% 13.9%  
Profit before depreciation and extraordinary items %  0.0% 1.5% 3.9% 1.6% 14.6%  
Pre tax profit less extraordinaries %  0.0% 1.9% 5.2% 2.3% 18.4%  
ROA %  22.9% 5.7% 11.0% 7.2% 37.0%  
ROI %  35.6% 7.3% 15.0% 9.3% 48.8%  
ROE %  42.3% 6.2% 20.7% 13.3% 63.4%  

Solidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Equity ratio %  43.2% 41.0% 27.7% 25.3% 43.6%  
Relative indebtedness %  0.0% 28.8% 49.3% 33.8% 32.8%  
Relative net indebtedness %  0.0% 25.6% 37.1% 18.0% 23.7%  
Net int. bear. debt to EBITDA, %  144.5% 751.7% 251.9% 417.0% 7.5%  
Gearing %  55.2% 96.8% 132.5% 230.0% 37.0%  
Net interest  0 0 0 0 0  
Financing costs %  13.1% 5.9% 4.0% 3.7% 21.2%  

Liquidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Quick Ratio  1.6 1.7 1.4 1.3 1.8  
Current Ratio  1.9 1.8 1.4 1.3 1.9  
Cash and cash equivalent  17.3 31.4 161.4 381.4 174.4  

Capital use efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Trade debtors turnover (days)  0.0 5.1 7.7 23.8 43.2  
Trade creditors turnover (days)  0.0 1,344.6 1,360.9 907.1 366.9  
Current assets / Net sales %  0.0% 49.1% 67.8% 44.1% 61.9%  
Net working capital  204.8 207.1 251.2 252.0 567.2  
Net working capital %  0.0% 21.1% 19.1% 10.5% 29.4%  

Employee efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Net sales / employee  0 0 12 15 7  
Added value / employee  0 0 1 0 2  
Employee expenses / employee  0 0 0 0 0  
EBITDA / employee  0 0 1 0 2  
EBIT / employee  0 0 1 0 1  
Net earnings / employee  0 0 0 0 1