BLUE WATER MIDDLE EAST A/S — Credit Rating and Financial Key Figures

CVR number: 10281806
Trafikhavnskaj 9, 6700 Esbjerg

Company information

Official name
BLUE WATER MIDDLE EAST A/S
Established
1986
Company form
Limited company
Industry

About BLUE WATER MIDDLE EAST A/S

BLUE WATER MIDDLE EAST A/S (CVR number: 10281806) is a company from ESBJERG. The company recorded a gross profit of -126 kDKK in 2023. The operating profit was -126 kDKK, while net earnings were 65.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 40.4 %, which can be considered excellent and Return on Equity (ROE) was 48.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 84.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. BLUE WATER MIDDLE EAST A/S's liquidity measured by quick ratio was 58.7 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

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 profit377.00- 672.00-83.00-68.00- 126.00
EBIT- 287.00- 672.00-83.00-68.00- 126.00
Net earnings30 293.0012 848.0048 551.0047 889.0065 850.00
Shareholders equity total39 065.0049 025.0080 911.00103 218.00166 745.00
Balance sheet total (assets)61 183.0070 058.00105 741.00132 699.00197 643.00
Net debt1 073.00-1.00
Profitability
EBIT-%
ROA59.4 %19.9 %55.3 %40.8 %40.4 %
ROE126.7 %29.2 %74.7 %52.0 %48.8 %
ROI60.4 %20.0 %55.3 %40.9 %40.5 %
Economic value added (EVA)1 801.441 327.101 361.992 410.225 079.55
Solvency
Equity ratio63.8 %70.0 %76.5 %77.8 %84.4 %
Gearing2.9 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio4.8273.8149.232.558.7
Current ratio4.8273.8149.232.558.7
Cash and cash equivalents78.0098.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBA

Variable visualization

ROA:40.4%
Rating: 89/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:84.4%
Rating: 64/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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