Blue World Technologies Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Blue World Technologies Holding ApS
Blue World Technologies Holding ApS (CVR number: 39931621K) is a company from AALBORG. The company recorded a gross profit of -6943.1 kEUR in 2023. The operating profit was -12.1 mEUR, while net earnings were -12.7 mEUR. The profitability of the company measured by Return on Assets (ROA) was -19.8 %, which can be considered poor and Return on Equity (ROE) was -40.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 45.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Blue World Technologies Holding ApS's liquidity measured by quick ratio was 2.6 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 financialsGross profit (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -11.44 | 80.98 | 786.24 | -3 405.79 | -6 943.06 |
EBIT | -2 314.39 | -1 538.66 | -3 034.36 | -9 205.10 | -12 085.61 |
Net earnings | -1 880.46 | -1 205.97 | -2 500.67 | -8 728.80 | -12 747.68 |
Shareholders equity total | 4 191.82 | 12 658.51 | 22 780.52 | 38 120.23 | 25 372.54 |
Balance sheet total (assets) | 6 415.13 | 16 251.51 | 28 487.12 | 55 551.49 | 55 654.17 |
Net debt | - 344.11 | -4 476.74 | -1 563.64 | -5 483.69 | 11 996.91 |
Profitability | |||||
EBIT-% | |||||
ROA | -36.0 % | -14.0 % | -13.2 % | -20.6 % | -19.8 % |
ROE | -44.9 % | -14.3 % | -14.1 % | -28.7 % | -40.2 % |
ROI | -47.5 % | -16.6 % | -14.7 % | -22.3 % | -21.2 % |
Economic value added (EVA) | -1 855.42 | -1 255.40 | -2 798.04 | -9 184.02 | -13 037.22 |
Solvency | |||||
Equity ratio | 75.1 % | 82.0 % | 80.0 % | 69.4 % | 45.9 % |
Gearing | 9.6 % | 9.8 % | 10.3 % | 20.6 % | 83.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.2 | 8.1 | 4.7 | 5.4 | 2.6 |
Current ratio | 1.4 | 4.1 | 4.9 | 5.6 | 3.2 |
Cash and cash equivalents | 748.15 | 5 716.71 | 3 912.42 | 13 348.50 | 9 263.50 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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