Blue Water Energy Services A/S — Credit Rating and Financial Key Figures

Blue Water Energy Services A/S (CVR number: 42925098) is a company from ESBJERG. The company recorded a gross profit of -4881 kDKK in 2023. The operating profit was -10.6 mDKK, while net earnings were -10.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was -14.8 %, which can be considered poor and Return on Equity (ROE) was -25 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -0.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Blue Water Energy Services A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.