Blue Holding ApS — Credit Rating and Financial Key Figures

CVR number: 42060143
Topstykket 24, 3460 Birkerød

Credit rating

Company information

Official name
Blue Holding ApS
Established
2021
Company form
Private limited company
Industry

About Blue Holding ApS

Blue Holding ApS (CVR number: 42060143K) is a company from RUDERSDAL. The company reported a net sales of 1558.8 mDKK in 2023, demonstrating a growth of 17.1 % compared to the previous year. The operating profit percentage was poor at -0 % (EBIT: -0.1 mDKK), while net earnings were -27.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak but Return on Equity (ROE) was -12.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Blue Holding ApS'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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2021
2022
2023
Volume
Net sales821.371 331.331 558.81
Gross profit64.44150.94140.45
EBIT4.3234.14-0.09
Net earnings-6.1417.55-27.07
Shareholders equity total181.63232.94204.65
Balance sheet total (assets)579.21657.98807.87
Net debt89.72181.00166.19
Profitability
EBIT-%0.5 %2.6 %-0.0 %
ROA1.2 %7.1 %0.4 %
ROE-3.4 %8.5 %-12.4 %
ROI1.9 %11.1 %0.7 %
Economic value added (EVA)3.0712.63-12.83
Solvency
Equity ratio31.6 %35.5 %25.4 %
Gearing70.8 %82.4 %93.3 %
Relative net indebtedness %43.7 %31.0 %37.0 %
Liquidity
Quick ratio0.60.70.7
Current ratio1.21.21.1
Cash and cash equivalents38.8010.9624.70
Capital use efficiency
Trade debtors turnover (days)57.753.284.0
Net working capital %7.3 %6.3 %3.0 %
Credit risk
Credit ratingAAABBB

Variable visualization

ROA:0.42%
Rating: 22/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:25.4%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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