BlueKolding Holding A/S
Credit rating
Company information
About BlueKolding Holding A/S
BlueKolding Holding A/S (CVR number: 36932481K) is a company from KOLDING. The company reported a net sales of 188.6 mDKK in 2023, demonstrating a growth of 1.1 % compared to the previous year. The operating profit percentage was at 22.9 % (EBIT: 43.2 mDKK), while net earnings were 48.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak and Return on Equity (ROE) was 2.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 86.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. BlueKolding 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 175.29 | 151.19 | 187.82 | 186.51 | 188.63 |
Gross profit | 129.55 | 96.71 | 138.37 | 135.49 | 136.54 |
EBIT | 52.76 | 20.20 | 48.91 | 32.63 | 43.24 |
Net earnings | 54.50 | 22.55 | 49.04 | 26.83 | 48.43 |
Shareholders equity total | 1 934.92 | 1 956.90 | 2 006.94 | 2 036.84 | 2 084.61 |
Balance sheet total (assets) | 2 224.91 | 2 300.04 | 2 331.41 | 2 367.80 | 2 417.65 |
Net debt | 103.62 | 123.65 | 73.43 | 61.64 | 30.32 |
Profitability | |||||
EBIT-% | 30.1 % | 13.4 % | 26.0 % | 17.5 % | 22.9 % |
ROA | 2.5 % | 0.9 % | 2.1 % | 1.4 % | 2.1 % |
ROE | 2.9 % | 1.2 % | 2.5 % | 1.3 % | 2.3 % |
ROI | 2.5 % | 0.9 % | 2.2 % | 1.4 % | 2.2 % |
Economic value added (EVA) | 47.50 | 12.66 | 39.82 | 22.73 | 32.33 |
Solvency | |||||
Equity ratio | 87.1 % | 85.1 % | 86.1 % | 86.0 % | 86.2 % |
Gearing | 11.0 % | 11.9 % | 9.5 % | 9.9 % | 8.9 % |
Relative net indebtedness % | 93.8 % | 120.0 % | 75.0 % | 78.4 % | 64.6 % |
Liquidity | |||||
Quick ratio | 0.9 | 0.9 | 1.1 | 1.0 | 1.2 |
Current ratio | 0.9 | 0.9 | 1.1 | 1.1 | 1.2 |
Cash and cash equivalents | 109.81 | 108.45 | 117.97 | 139.07 | 155.34 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 12.9 | 40.5 | 22.4 | 20.7 | 44.4 |
Net working capital % | -63.6 % | -82.1 % | -45.4 % | -65.9 % | -50.4 % |
Credit risk | |||||
Credit rating | AAA | AAA | AAA | AAA | AAA |
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