FE BLUE HOLDING APS — Credit Rating and Financial Key Figures

CVR number: 38902490
Vølundsvej 17, 3400 Hillerød

Company information

Official name
FE BLUE HOLDING APS
Established
2017
Company form
Private limited company
Industry

About FE BLUE HOLDING APS

FE BLUE HOLDING APS (CVR number: 38902490) is a company from HILLERØD. The company reported a net sales of 14.5 mDKK in 2023, demonstrating a growth of 183.3 % compared to the previous year. The operating profit percentage was at 94.1 % (EBIT: 13.6 mDKK), while net earnings were 13.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 29.9 %, which can be considered excellent and Return on Equity (ROE) was 32.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FE BLUE HOLDING APS's liquidity measured by quick ratio was 34.3 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales151.88- 661.494 574.065 120.3814 506.18
Gross profit139.83- 678.474 553.585 098.2114 475.55
EBIT139.83- 678.473 722.414 267.0413 644.38
Net earnings- 381.16- 976.833 237.824 150.2113 607.91
Shareholders equity total29 031.5928 116.1231 372.6435 535.2049 026.02
Balance sheet total (assets)49 741.5943 029.1241 488.7741 881.6249 467.86
Net debt20 625.3914 843.3010 041.205 043.02- 269.34
Profitability
EBIT-%92.1 %81.4 %83.3 %94.1 %
ROA0.3 %-1.5 %8.8 %10.2 %29.9 %
ROE-1.3 %-3.4 %10.9 %12.4 %32.2 %
ROI0.3 %-1.5 %8.8 %10.2 %29.9 %
Economic value added (EVA)- 138.78- 655.043 594.074 287.6813 657.13
Solvency
Equity ratio58.4 %65.3 %75.6 %84.8 %99.1 %
Gearing71.3 %53.0 %32.2 %17.2 %
Relative net indebtedness %13586.8 %-2245.9 %219.9 %98.8 %-1.7 %
Liquidity
Quick ratio7.50.20.20.534.3
Current ratio7.50.20.20.534.3
Cash and cash equivalents74.6156.7058.801 076.30269.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %42.5 %557.5 %-70.7 %-36.4 %5.5 %
Credit risk
Credit ratingABBBAAAA

Variable visualization

ROA:29.9%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.1%
Rating: 86/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer

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