BLUE WATER HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About BLUE WATER HOLDING A/S
BLUE WATER HOLDING A/S (CVR number: 30584066) is a company from ESBJERG. The company recorded a gross profit of -189 kDKK in 2023. The operating profit was -189 kDKK, while net earnings were 106 mDKK. The profitability of the company measured by Return on Assets (ROA) was 14.3 %, which can be considered good but Return on Equity (ROE) was 15.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 64.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. BLUE WATER HOLDING A/S's liquidity measured by quick ratio was 1.2 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 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | - 184.00 | - 189.00 | |
EBIT | - 184.00 | - 189.00 | |
Net earnings | 50 626.00 | 106 043.00 | |
Shareholders equity total | 642 908.00 | 726 973.00 | |
Balance sheet total (assets) | 884 265.00 | 1 120 232.00 | |
Net debt | 196 900.00 | 393 259.00 | |
Profitability | |||
EBIT-% | |||
ROA | 7.2 % | 14.3 % | |
ROE | 7.9 % | 15.5 % | |
ROI | 7.2 % | 14.3 % | |
Economic value added (EVA) | 13 521.62 | - 138.10 | 10 082.38 |
Solvency | |||
Equity ratio | 72.7 % | 64.9 % | |
Gearing | 30.6 % | 54.1 % | |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 1.6 | 1.2 | |
Current ratio | 1.6 | 1.2 | |
Cash and cash equivalents | |||
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | A | A |
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