BLUE HORS ApS — Credit Rating and Financial Key Figures

CVR number: 15504749
Koldingvej 2, 7190 Billund
kirkbi@kirkbi.com

Credit rating

Company information

Official name
BLUE HORS ApS
Personnel
1 person
Established
1991
Company form
Private limited company
Industry

About BLUE HORS ApS

BLUE HORS ApS (CVR number: 15504749) is a company from BILLUND. The company recorded a gross profit of 30.6 mDKK in 2023. The operating profit was -18.3 mDKK, while net earnings were -14.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was -5.3 %, which can be considered poor and Return on Equity (ROE) was -6.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 55.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. BLUE HORS ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-12 817.00-18 813.00-10 408.00-4 145.0030 583.00
EBIT-48 017.00-55 758.00-46 570.00-43 454.00-18 320.00
Net earnings-36 843.00-43 431.00-35 232.00-32 515.00-14 353.00
Shareholders equity total329 936.00286 505.00251 273.00218 758.00204 405.00
Balance sheet total (assets)358 238.00349 160.00336 224.00354 765.00370 699.00
Net debt125 970.00152 939.00
Profitability
EBIT-%
ROA-13.1 %-15.8 %-13.6 %-12.5 %-5.3 %
ROE-10.6 %-14.1 %-13.1 %-13.8 %-6.8 %
ROI-13.2 %-15.8 %-13.6 %-12.7 %-5.5 %
Economic value added (EVA)-66 458.05-72 337.28-60 966.88-45 260.01-30 712.40
Solvency
Equity ratio100.0 %100.0 %100.0 %61.7 %55.1 %
Gearing57.6 %75.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.1
Current ratio0.90.8
Cash and cash equivalents140.001 752.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-5.31%
Rating: 15/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.1%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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