Blue World Technologies ApS — Credit Rating and Financial Key Figures

CVR number: 39931664
Langerak 15 A, 9220 Aalborg Øst
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Company information

Official name
Blue World Technologies ApS
Personnel
42 persons
Established
2018
Company form
Private limited company
Industry

About Blue World Technologies ApS

Blue World Technologies ApS (CVR number: 39931664) is a company from AALBORG. The company recorded a gross profit of -22213.6 kEUR in 2024. The operating profit was -30.7 mEUR, while net earnings were -32.4 mEUR. The profitability of the company measured by Return on Assets (ROA) was -82 %, which can be considered poor and Return on Equity (ROE) was -238.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -59.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Blue World Technologies ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kEUR)

EBIT (kEUR)

Profitability

Solidity

Key figures (kEUR)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit105.43585.135 317.774 453.30-22 213.60
EBIT-1 287.84-2 335.6113.1150.42-30 687.61
Net earnings- 849.83-1 732.22- 202.76-1 431.22-32 388.20
Shareholders equity total5 447.9012 655.8216 470.8415 039.62-17 348.58
Balance sheet total (assets)7 709.1017 060.0139 770.3544 948.3812 143.07
Net debt- 301.61-1.3211 638.8118 805.4421 394.07
Profitability
EBIT-%
ROA-20.1 %-18.5 %1.4 %1.8 %-82.0 %
ROE-19.6 %-19.1 %-1.4 %-9.1 %-238.3 %
ROI-27.2 %-22.2 %1.5 %1.9 %-89.2 %
Economic value added (EVA)-1 017.93-1 959.88- 733.91-1 796.35-32 575.61
Solvency
Equity ratio79.0 %74.2 %42.1 %33.8 %-59.9 %
Gearing0.1 %11.9 %83.9 %139.7 %-125.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.70.40.20.1
Current ratio0.82.00.80.50.1
Cash and cash equivalents304.441 507.652 174.932 209.57356.69
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-82.0%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-59.9%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member
Board member

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