BlueNord Gas Denmark A/S — Credit Rating and Financial Key Figures

CVR number: 11729894
Lyngbyvej 2, 2100 København Ø
Post@noreco.com
tel: 31111794
noreco.com

Company information

Official name
BlueNord Gas Denmark A/S
Established
1987
Company form
Limited company
Industry

About BlueNord Gas Denmark A/S

BlueNord Gas Denmark A/S (CVR number: 11729894) is a company from KØBENHAVN. The company recorded a gross profit of -22 kUSD in 2023. The operating profit was -85 kUSD, while net earnings were 435 kUSD. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak and Return on Equity (ROE) was 0.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 81.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. BlueNord Gas Denmark A/S's liquidity measured by quick ratio was 37.2 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

Gross profit (kUSD)

EBIT (kUSD)

Profitability

Solidity

Key figures (kUSD)

See financials
2019
2020
2021
2022
2023
Volume
Net sales922.0049.00
Gross profit- 432.00- 137.00- 127.00-30.00-22.00
EBIT- 432.00- 137.00- 127.00-75.00-85.00
Net earnings68 018.002 018.00-4 462.00-3 229.00435.00
Shareholders equity total60 201.0062 220.0057 758.0054 529.0054 964.00
Balance sheet total (assets)72 967.0076 211.0070 440.0066 555.0067 266.00
Net debt-41.00-40.00-43.00
Profitability
EBIT-%-46.9 %-259.2 %
ROA-1.0 %-0.2 %1.9 %1.6 %0.8 %
ROE259.7 %3.3 %-7.4 %-5.8 %0.8 %
ROI-1.0 %-0.2 %1.9 %1.6 %0.8 %
Economic value added (EVA)-39.20-3 162.10-3 216.72-2 953.53-2 798.42
Solvency
Equity ratio100.0 %100.0 %82.0 %81.9 %81.7 %
Gearing
Relative net indebtedness %-61.2 %
Liquidity
Quick ratio599.7168.137.2
Current ratio599.7168.137.2
Cash and cash equivalents41.0040.0043.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %13440.8 %
Credit risk
Credit ratingBBBBBAAAA

Variable visualization

ROA:0.78%
Rating: 24/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:81.7%
Rating: 61/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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