Better Energy Holding A/S financials
Better Energy Holding A/S
Country: DK Reporting currency: DKK Latest annual report: 2023-12-31
LEI:
984500DE007CBFF6B708 Financial statements
(DKK, as reported — unscaled; 109 line items across 3 annual periods)
| Line item | 2023 | 2022 | 2021 |
|---|---|---|---|
| Income statement | |||
| Revenue | DKK 2.50B | DKK 2.86B | — |
| Cost of sales | DKK 1.49B | DKK 2.30B | — |
| Gross profit | DKK 1.01B | DKK 560.8M | — |
| Employee benefits expense | DKK 211.3M | DKK 107.5M | — |
| Depreciation & amortisation | DKK 33.0M | DKK 13.0M | — |
| Operating profit (EBIT) | DKK 692.8M | DKK 397.0M | — |
| Finance costs | DKK 116.3M | DKK 45.0M | — |
| Profit before tax | DKK 178.9M | DKK 145.8M | — |
| Income tax expense | DKK 46.6M | DKK 31.7M | — |
| Profit for the year | DKK 132.3M | DKK 114.0M | — |
| — attributable to owners | DKK 131.8M | DKK 113.4M | — |
| — attributable to NCI | DKK 443.0K | DKK 581.0K | — |
| Total comprehensive income | DKK 176.5M | DKK 7.5M | — |
| Cash flow statement | |||
| Cash generated from operations | DKK 107.7M | DKK 250.2M | — |
| Net cash from operating activities | -DKK 8.0M | DKK 128.9M | — |
| Income taxes paid | DKK 15.4M | DKK 45.5M | — |
| Net cash from investing activities | -DKK 1.15B | -DKK 892.9M | — |
| Purchase of PP&E (capex) | DKK 31.7M | DKK 17.3M | — |
| Purchase of intangibles | DKK 4.2M | DKK 22.6M | — |
| Net cash from financing activities | DKK 428.7M | DKK 1.23B | — |
| Proceeds from borrowings | DKK 609.0M | DKK 597.9M | — |
| Repayments of borrowings | DKK 162.8M | DKK 9.7M | — |
| Lease liability payments | DKK 11.8M | DKK 4.7M | — |
| Balance sheet | |||
| Total assets | DKK 4.55B | DKK 3.03B | DKK 1.97B |
| Non-current assets | DKK 1.62B | DKK 661.7M | DKK 207.1M |
| Property, plant & equipment | DKK 75.3M | DKK 51.5M | DKK 37.1M |
| Right-of-use assets | DKK 110.9M | DKK 78.4M | DKK 68.5M |
| Current assets | DKK 2.93B | DKK 2.37B | DKK 1.76B |
| Inventories | DKK 1.32B | DKK 276.1M | DKK 280.4M |
| Trade & other receivables | DKK 10.8M | DKK 24.5M | DKK 26.7M |
| Cash & equivalents | DKK 532.2M | DKK 1.08B | DKK 612.2M |
| Total equity | DKK 1.24B | DKK 1.05B | DKK 379.5M |
| — attributable to owners | DKK 1.24B | DKK 1.05B | DKK 374.6M |
| Non-controlling interests | DKK 2.6M | DKK 3.7M | DKK 4.8M |
| Non-current liabilities | DKK 1.94B | DKK 1.61B | DKK 1.22B |
| Long-term borrowings | DKK 52.4M | DKK 58.7M | DKK 63.5M |
| Lease liabilities (non-current) | DKK 93.5M | DKK 67.7M | DKK 64.0M |
| Current liabilities | DKK 1.37B | DKK 359.9M | DKK 363.2M |
| Current portion of long-term borrowings | DKK 6.0M | DKK 4.9M | DKK 4.9M |
| Lease liabilities (current) | DKK 16.4M | DKK 9.1M | DKK 3.4M |
| Derived metrics | |||
| Free cash flow | -DKK 39.7M | DKK 111.5M | — |
| Operating margin | 27.7% | 13.9% | — |
| Net margin | 5.3% | 4.0% | — |
| Return on equity | 10.6% | 10.8% | — |
| Cash conversion ratio | -0.06× | 1.13× | — |
| Capex coverage | -0.25× | 7.43× | — |
| Other reported items | |||
| Adjustments For Depreciation and Amortisation Expense and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | DKK 33.0M | DKK 13.0M | — |
| Balances With Banks | -DKK 184.8M | DKK 0 | — |
| Cash | DKK 532.2M | DKK 1.08B | — |
| Cash and Cash Equivalents If Different From Statement of Financial Position | DKK 347.4M | DKK 1.08B | DKK 612.2M |
| Cash Flows From Used In Decrease Increase In Shortterm Deposits and Investments | DKK 4.5M | DKK 160.0K | — |
| Comprehensive Income Attributable To Noncontrolling Interests | DKK 441.0K | DKK 543.0K | — |
| Comprehensive Income Attributable To Owners of Parent | DKK 176.1M | DKK 7.0M | — |
| Current Bonds Issued and Current Portion of Noncurrent Bonds Issued | DKK 0 | DKK 6.3M | DKK 0 |
| Current Contract Assets | DKK 213.6M | DKK 251.4M | DKK 5.1M |
| Current Contract Liabilities | DKK 496.5M | DKK 6.7M | DKK 22.1M |
| Current Deferred Income Including Current Contract Liabilities | DKK 23.6M | DKK 17.8M | DKK 7.4M |
| Current Loans Received and Current Portion of Noncurrent Loans Received | DKK 401.7M | DKK 151.7M | DKK 9.1M |
| Current Prepayments | DKK 32.9M | DKK 16.1M | DKK 19.9M |
| Current Receivables Due From Joint Ventures | DKK 742.5M | DKK 657.7M | DKK 780.3M |
| Current Tax Liabilities Current | DKK 67.4M | DKK 1.3M | DKK 47.2M |
| Decrease Increase Through Tax On Sharebased Payment Transactions | -DKK 2.7M | -DKK 6.0M | — |
| Deferred Tax Assets | DKK 61.6M | DKK 33.4M | DKK 31.1M |
| Dividends Paid To Noncontrolling Interests Classified As Financing Activities | DKK 1.5M | DKK 245.0K | — |
| Dividends Received Classified As Operating Activities | DKK 0 | DKK 11.3M | — |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | -DKK 6.5M | -DKK 1.9M | — |
| Equity and Liabilities | DKK 4.55B | DKK 3.03B | DKK 1.97B |
| Finance Costs Paid Classified As Operating Activities | DKK 149.0M | DKK 91.9M | — |
| Finance Income | DKK 72.0M | DKK 17.3M | — |
| Finance Income Received Classified As Operating Activities | DKK 48.8M | DKK 4.9M | — |
| Gains Losses On Exchange Differences On Translation Net of Tax | DKK 965.0K | -DKK 346.0K | — |
| Income Tax Relating To Cash Flow Hedges of Other Comprehensive Income | DKK 8.1M | -DKK 26.9M | — |
| Increase Decrease In Cash and Cash Equivalents | -DKK 727.4M | DKK 471.0M | — |
| Increase Decrease In Working Capital | DKK 656.8M | DKK 219.2M | — |
| Increase Decrease Through Changes In Ownership Interests In Subsidiaries That Do Not Result In Loss of Control | -DKK 1.5M | -DKK 14.9M | — |
| Increase Decrease Through Sharebased Payment Transactions | DKK 15.2M | DKK 9.3M | — |
| Intangible Assets Other Than Goodwill | DKK 20.3M | DKK 31.6M | DKK 12.0M |
| Investments In Associates Accounted For Using Equity Method | DKK 21.4M | DKK 22.9M | DKK 43.4M |
| Investments In Joint Ventures | DKK 82.9M | DKK 0 | DKK 0 |
| Issue of Equity | — | DKK 696.5M | — |
| Issued Capital | DKK 708.0K | DKK 708.0K | DKK 611.0K |
| Liabilities | DKK 3.31B | DKK 1.97B | DKK 1.59B |
| Longterm Deposits | DKK 3.8M | DKK 3.9M | DKK 923.0K |
| Noncurrent Deferred Income Including Noncurrent Contract Liabilities | DKK 170.0M | DKK 78.3M | DKK 136.2M |
| Noncurrent Financial Assets | DKK 0 | DKK 10.1M | DKK 10.1M |
| Noncurrent Portion of Noncurrent Bonds Issued | DKK 0 | DKK 0 | DKK 6.3M |
| Noncurrent Portion of Noncurrent Loans Received | DKK 1.62B | DKK 1.40B | DKK 945.9M |
| Noncurrent Provisions | DKK 3.9M | DKK 3.1M | DKK 3.1M |
| Noncurrent Receivables Due From Joint Ventures | DKK 1.24B | DKK 426.2M | DKK 0 |
| Other Adjustments For Noncash Items | DKK 38.7M | DKK 59.3M | — |
| Other Cash Payments To Acquire Interests In Joint Ventures Classified As Investing Activities | DKK 406.6M | DKK 387.7M | — |
| Other Comprehensive Income | DKK 44.2M | -DKK 106.5M | — |
| Other Comprehensive Income Before Tax Cash Flow Hedges | DKK 36.8M | -DKK 122.5M | — |
| Other Comprehensive Income Net of Tax Exchange Differences On Translation | DKK 15.5M | -DKK 10.9M | — |
| Other Current Borrowings and Current Portion of Other Noncurrent Borrowings | DKK 184.8M | DKK 0 | DKK 0 |
| Other Current Payables | DKK 128.2M | DKK 46.0M | DKK 175.0M |
| Other Current Receivables | DKK 80.2M | DKK 59.3M | DKK 34.9M |
| Other Expense By Nature | DKK 71.8M | DKK 43.2M | — |
| Other Noncurrent Liabilities | DKK 5.5M | DKK 5.2M | DKK 5.2M |
| Other Reserves | DKK 1.24B | DKK 1.05B | DKK 374.0M |
| Payments From Changes In Ownership Interests In Subsidiaries | DKK 0 | DKK 14.7M | — |
| Payments To Acquire Or Redeem Entitys Shares | DKK 4.1M | DKK 30.0M | — |
| Proceeds From Issuing Shares | DKK 0 | DKK 696.5M | — |
| Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities | DKK 0 | DKK 189.0K | — |
| Purchase of Other Longterm Assets Classified As Investing Activities | DKK 1.8M | DKK 3.0M | — |
| Purchase of Treasury Shares | DKK 4.1M | DKK 30.0M | — |
| Reclassification Adjustments On Exchange Differences On Translation Net of Tax | -DKK 36.0K | DKK 50.0K | — |
| Share of Profit Loss of Associates and Joint Ventures Accounted For Using Equity Method | -DKK 469.6M | -DKK 223.6M | — |
| Trade and Other Current Payables To Trade Suppliers | DKK 40.4M | DKK 116.2M | DKK 94.2M |
Methodology
Every line item above is a fact tagged in Better Energy Holding A/S's annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (DKK), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.