Better Energy Ukraine A/S

CVR 38933523 · Public limited company (A/S) · Active · Low risk

Better Energy Ukraine A/S is a Public limited company (A/S), founded on , based in Frederiksberg C. The company is registered in the industry finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 8 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 3.6m and a net result of DKK -2.2m.

Bankruptcy risk for Better Energy Ukraine A/S

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Company typeA/S · bankruptcy rate 4.4%0.50×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×

The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.

Company details

CVR number
38933523
Status
Active
Company type
Public limited company (A/S)
Founded
(9 years)
Address
Gammel Kongevej 60
1850 Frederiksberg C
Municipality
Frederiksberg
Industry
Finansielle holdingselskaber (642110)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 500k
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 8
Missing annual reportNo
Negative equityNo
Equity ratio12.5%
Current ratio2%
Moves (last 2 years)1
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address221
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 23kDKK -223k
Net profitDKK -2.2mDKK 6.4m
EquityDKK 3.6mDKK 9.7m
Total assetsDKK 29.0mDKK 33.6m
CashDKK 1,136–
Short-term debtDKK 25.4m–
Tax owedDKK 79k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025174
1 Jan 2024 – 31 Dec 2024182
1 Jan 2023 – 31 Dec 2023155
1 Jan 2022 – 31 Dec 2022124
1 Jan 2021 – 31 Dec 2021153
1 Jan 2020 – 31 Dec 2020166
1 Jan 2019 – 31 Dec 2019169
11 Sep 2017 – 31 Dec 2018143

The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.

Management, owners and auditor

RoleNameFromTo
CEOMichael Vater
BoardMark Augustenborg ØdumCurrent
BoardRasmus Lildholdt KjærCurrent
BoardMichael VaterCurrent
BoardMichael Vater
BoardMark Augustenborg Ødum
BoardMikkel Dau Jacobsen
BoardRasmus Lildholdt Kjær
BoardAnnette Egede Nylander
BoardRasmus Lildholdt Kjær
BoardHo Kei Au
BoardMartin Wincents Brobæk Madsen
BoardNikolaj Kristian Qvade Rasmusen
BoardSigne Storgaard Sørensen
BoardLars Jørgen Ingmann
BoardChristoffer Fruergaard Larsen
BoardSøren Dyrlund Jessen
BoardChristoffer Fruergaard Larsen
Owner (100%)Better Energy Generation A/SCurrent
Owner (100%)Momentum Solar Komplementar ApS
AuditorCedra Godkendt RevisionsaktieselskabCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderMomentum Solar Komplementar ApSCurrent

The CEOs' other companies

Michael Vater – 54 other companies, of which 6 bankrupt

Address history (2 moves)

Gammel Kongevej 60, 1850 Frederiksberg C
Gammel Kongevej 60, 14., 1850 Frederiksberg C
c/o Better Energy A/S, Axeltorv 2F, 6., 1609 København V

Other companies at the same address

Similar companies in Frederiksberg

Questions and answers about Better Energy Ukraine A/S

Has Better Energy Ukraine A/S gone bankrupt?

No, Better Energy Ukraine A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Better Energy Ukraine A/S?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the auditor of Better Energy Ukraine A/S?

Better Energy Ukraine A/S most recently used Cedra Godkendt Revisionsaktieselskab.

When was Better Energy Ukraine A/S founded?

Better Energy Ukraine A/S was founded on 11 September 2017.

What is the equity of Better Energy Ukraine A/S?

Equity was DKK 3.6m according to the annual report for the period ending 31 December 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.