Blue Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | 821.37 | 1 331.33 | 1 558.81 |
Gross profit | 64.44 | 150.94 | 140.45 |
EBIT | 4.32 | 34.14 | -0.09 |
Net earnings | -6.14 | 17.55 | -27.07 |
Shareholders equity total | 181.63 | 232.94 | 204.65 |
Balance sheet total (assets) | 579.21 | 657.98 | 807.87 |
Net debt | 89.72 | 181.00 | 166.19 |
Profitability | |||
EBIT-% | 0.5 % | 2.6 % | -0.0 % |
ROA | 1.2 % | 7.1 % | 0.4 % |
ROE | -3.4 % | 8.5 % | -12.4 % |
ROI | 1.9 % | 11.1 % | 0.7 % |
Economic value added (EVA) | 3.07 | 12.63 | -12.83 |
Solvency | |||
Equity ratio | 31.6 % | 35.5 % | 25.4 % |
Gearing | 70.8 % | 82.4 % | 93.3 % |
Relative net indebtedness % | 43.7 % | 31.0 % | 37.0 % |
Liquidity | |||
Quick ratio | 0.6 | 0.7 | 0.7 |
Current ratio | 1.2 | 1.2 | 1.1 |
Cash and cash equivalents | 38.80 | 10.96 | 24.70 |
Capital use efficiency | |||
Trade debtors turnover (days) | 57.7 | 53.2 | 84.0 |
Net working capital % | 7.3 % | 6.3 % | 3.0 % |
Credit risk | |||
Credit rating | A | AA | BBB |
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