BLUE WATER PROPERTY A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About BLUE WATER PROPERTY A/S
BLUE WATER PROPERTY A/S (CVR number: 26919657) is a company from ESBJERG. The company recorded a gross profit of 54 mDKK in 2023. The operating profit was 35.6 mDKK, while net earnings were 20.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.4 %, which can be considered decent but Return on Equity (ROE) was 16.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 24.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. BLUE WATER PROPERTY A/S's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 49 495.00 | 48 478.00 | 47 189.00 | 45 452.00 | 54 001.00 |
EBIT | 32 940.00 | 31 848.00 | 30 480.00 | 29 041.00 | 35 558.00 |
Net earnings | 17 554.00 | 16 068.00 | 18 704.00 | 17 429.00 | 20 056.00 |
Shareholders equity total | 104 326.00 | 72 324.00 | 86 851.00 | 122 108.00 | 122 545.00 |
Balance sheet total (assets) | 537 075.00 | 499 345.00 | 490 594.00 | 490 402.00 | 493 389.00 |
Net debt | 270 772.00 | 266 832.00 | 298 075.00 | 300 448.00 | 307 603.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.5 % | 6.5 % | 6.3 % | 6.0 % | 7.4 % |
ROE | 17.7 % | 18.2 % | 23.5 % | 16.7 % | 16.4 % |
ROI | 7.3 % | 7.8 % | 7.7 % | 6.9 % | 7.9 % |
Economic value added (EVA) | 5 396.18 | 6 733.11 | 7 828.88 | 4 860.53 | 9 661.89 |
Solvency | |||||
Equity ratio | 19.4 % | 14.5 % | 17.7 % | 24.9 % | 24.8 % |
Gearing | 317.6 % | 438.1 % | 343.2 % | 246.1 % | 251.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.7 | 2.1 | 1.7 | 1.0 | 1.1 |
Current ratio | 3.7 | 2.1 | 1.7 | 1.0 | 1.1 |
Cash and cash equivalents | 60 577.00 | 50 000.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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