BLUE WATER INTERNATIONAL A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About BLUE WATER INTERNATIONAL A/S
BLUE WATER INTERNATIONAL A/S (CVR number: 78828811) is a company from ESBJERG. The company recorded a gross profit of -428 kDKK in 2023. The operating profit was -428 kDKK, while net earnings were 87.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 18.1 %, which can be considered excellent and Return on Equity (ROE) was 27.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57.1 %, 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 WATER INTERNATIONAL A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 145.00 | - 310.00 | - 192.00 | - 151.00 | - 428.00 |
EBIT | - 770.00 | - 310.00 | - 192.00 | - 151.00 | - 428.00 |
Net earnings | 57 419.00 | 50 900.00 | 61 681.00 | 58 347.00 | 87 055.00 |
Shareholders equity total | 153 683.00 | 137 527.00 | 206 211.00 | 273 625.00 | 358 321.00 |
Balance sheet total (assets) | 236 014.00 | 229 105.00 | 323 036.00 | 501 785.00 | 627 163.00 |
Net debt | 74 592.00 | 84 285.00 | 105 968.00 | 218 997.00 | 252 380.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 30.3 % | 23.1 % | 23.2 % | 16.5 % | 18.1 % |
ROE | 41.8 % | 35.0 % | 35.9 % | 24.3 % | 27.6 % |
ROI | 30.3 % | 23.2 % | 23.2 % | 16.5 % | 18.2 % |
Economic value added (EVA) | -1 235.93 | 1 976.23 | 4 957.82 | 5 507.58 | 6 748.86 |
Solvency | |||||
Equity ratio | 65.1 % | 60.0 % | 63.8 % | 54.5 % | 57.1 % |
Gearing | 48.7 % | 61.5 % | 51.4 % | 80.0 % | 70.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 0.3 | 0.8 | 0.9 | 0.7 |
Current ratio | 0.7 | 0.3 | 0.8 | 0.9 | 0.7 |
Cash and cash equivalents | 291.00 | 226.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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