Blue World Technologies Holding ApS β Credit Rating and Financial Key Figures
Credit rating
Company information
About Blue World Technologies Holding ApS
Blue World Technologies Holding ApS (CVR number: 39931621) is a company from AALBORG. The company recorded a gross profit of -11396.4 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 -32.3 %, 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 67.1 %, 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 World Technologies Holding ApS's liquidity measured by quick ratio was 33.7 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 | -24.44 | 201.11 | -8 723.56 | -11 396.36 |
EBIT | - 143.00 | - 250.82 | - 698.75 | -9 218.22 | -12 136.03 |
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) | 4 690.05 | 14 020.66 | 24 794.61 | 39 649.13 | 37 802.37 |
Net debt | -71.79 | -4 172.30 | -1 562.33 | -10 285.25 | 4 974.42 |
Profitability | |||||
EBIT-% | |||||
ROA | -40.1 % | -12.4 % | -12.3 % | -28.4 % | -32.3 % |
ROE | -44.9 % | -14.3 % | -14.1 % | -28.7 % | -40.2 % |
ROI | -40.9 % | -12.6 % | -12.7 % | -29.2 % | -32.7 % |
Economic value added (EVA) | - 137.69 | - 253.73 | - 869.99 | -8 995.07 | -12 466.51 |
Solvency | |||||
Equity ratio | 89.4 % | 90.3 % | 91.9 % | 96.1 % | 67.1 % |
Gearing | 9.7 % | 9.8 % | 3.7 % | 2.3 % | 47.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 9.7 | 44.5 | 7.9 | 28.7 | 33.7 |
Current ratio | 9.7 | 44.5 | 7.9 | 28.7 | 33.7 |
Cash and cash equivalents | 479.91 | 5 412.27 | 2 404.77 | 11 173.57 | 7 053.92 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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