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

CVR number: 30584066
Trafikhavnskaj 9, 6700 Esbjerg

Company information

Official name
BLUE WATER HOLDING A/S
Established
2007
Company form
Limited company
Industry

About BLUE WATER HOLDING A/S

BLUE WATER HOLDING A/S (CVR number: 30584066K) is a company from ESBJERG. The company reported a net sales of 9303.9 mDKK in 2025, demonstrating a decline of -2 % compared to the previous year. The operating profit percentage was at 1.7 % (EBIT: 156.5 mDKK), while net earnings were 58.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.1 %, which can be considered decent and Return on Equity (ROE) was 7.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 30.1 %, 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 HOLDING A/S's liquidity measured by quick ratio was 1.3 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2021
2022
2023
2024
2025
Volume
Net sales6 736.999 259.198 959.739 497.459 303.94
Gross profit1 026.641 226.641 453.171 422.251 539.64
EBIT1 026.641 226.641 453.1777.73156.47
Net earnings104.5249.98106.288.4858.13
Shareholders equity total568.55645.63730.87722.82744.25
Balance sheet total (assets)1 985.172 470.492 580.592 754.062 475.43
Net debt713.19385.61
Profitability
EBIT-%15.2 %13.2 %16.2 %0.8 %1.7 %
ROA55.5 %55.1 %57.5 %3.2 %7.1 %
ROE20.2 %8.2 %15.4 %1.2 %7.9 %
ROI55.5 %55.1 %57.5 %4.1 %12.1 %
Economic value added (EVA)1 003.211 198.071 420.7218.4728.65
Solvency
Equity ratio100.0 %100.0 %100.0 %26.2 %30.1 %
Gearing124.0 %84.5 %
Relative net indebtedness %19.5 %16.0 %
Liquidity
Quick ratio1.21.3
Current ratio1.21.3
Cash and cash equivalents182.81242.92
Capital use efficiency
Trade debtors turnover (days)55.550.0
Net working capital %3.6 %4.1 %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:7.06%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:30.1%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
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Roles

Board member
Board member
Board member
Board member
Chairman of the board

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