team.blue Denmark A/S — Credit Rating and Financial Key Figures

CVR number: 29412006
Højvangen 4, 8660 Skanderborg
dk-contact@team.blue
https://dkcareers.team.blue

Credit rating

Company information

Official name
team.blue Denmark A/S
Personnel
206 persons
Established
2006
Company form
Limited company
Industry
  • Expand more icon63Information service activities

About team.blue Denmark A/S

team.blue Denmark A/S (CVR number: 29412006) is a company from SKANDERBORG. The company reported a net sales of 600.1 mDKK in 2023, demonstrating a growth of 11.9 % compared to the previous year. The operating profit percentage was at 29.2 % (EBIT: 175.1 mDKK), while net earnings were 140.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 34.7 %, which can be considered excellent and Return on Equity (ROE) was 52.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.5 %, 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. team.blue Denmark A/S's liquidity measured by quick ratio was 1.7 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales393.04416.79476.72536.12600.10
Gross profit241.74255.26290.56312.17351.15
EBIT115.95120.06135.07145.40175.11
Net earnings90.80102.58107.41117.09140.13
Shareholders equity total138.78174.18281.59248.68288.81
Balance sheet total (assets)327.41418.25515.52512.55561.18
Net debt-28.29-37.00-20.8013.57-22.42
Profitability
EBIT-%29.5 %28.8 %28.3 %27.1 %29.2 %
ROA40.6 %34.0 %30.8 %30.2 %34.7 %
ROE95.7 %65.6 %47.1 %44.2 %52.1 %
ROI92.8 %66.0 %53.7 %49.9 %61.6 %
Economic value added (EVA)90.9490.47100.34101.89125.38
Solvency
Equity ratio56.3 %41.6 %54.6 %48.5 %51.5 %
Gearing13.9 %17.6 %8.3 %14.2 %1.6 %
Relative net indebtedness %35.5 %42.1 %39.8 %45.2 %40.9 %
Liquidity
Quick ratio2.21.31.91.61.7
Current ratio1.21.31.91.61.7
Cash and cash equivalents47.5967.5744.1621.6627.14
Capital use efficiency
Trade debtors turnover (days)23.428.228.527.131.1
Net working capital %8.3 %16.3 %40.2 %28.6 %30.7 %
Credit risk
Credit ratingAAAAAAAAAAA

Variable visualization

ROA:34.7%
Rating: 86/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.5%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

Companies in the same industry

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