team.blue Denmark A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 667.3 mDKK in 2024, demonstrating a growth of 11.2 % compared to the previous year. The operating profit percentage was at 27.8 % (EBIT: 185.5 mDKK), while net earnings were 154.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 32.2 %, which can be considered excellent and Return on Equity (ROE) was 44.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 56.8 %, 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 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 416.79 | 476.72 | 536.12 | 600.10 | 667.28 |
Gross profit | 255.26 | 290.56 | 312.17 | 351.15 | 378.84 |
EBIT | 120.06 | 135.07 | 145.40 | 175.11 | 185.46 |
Net earnings | 102.58 | 107.41 | 117.09 | 140.13 | 154.07 |
Shareholders equity total | 174.18 | 281.59 | 248.68 | 288.81 | 402.88 |
Balance sheet total (assets) | 418.25 | 515.52 | 512.55 | 561.18 | 709.66 |
Net debt | -37.00 | -20.80 | 13.57 | -22.42 | -8.97 |
Profitability | |||||
EBIT-% | 28.8 % | 28.3 % | 27.1 % | 29.2 % | 27.8 % |
ROA | 34.0 % | 30.8 % | 30.2 % | 34.7 % | 32.2 % |
ROE | 65.6 % | 47.1 % | 44.2 % | 52.1 % | 44.6 % |
ROI | 66.0 % | 53.7 % | 49.9 % | 61.6 % | 56.2 % |
Economic value added (EVA) | 86.02 | 94.17 | 96.79 | 120.75 | 128.43 |
Solvency | |||||
Equity ratio | 41.6 % | 54.6 % | 48.5 % | 51.5 % | 56.8 % |
Gearing | 17.6 % | 8.3 % | 14.2 % | 1.6 % | 5.5 % |
Relative net indebtedness % | 42.1 % | 39.8 % | 45.2 % | 40.9 % | 41.3 % |
Liquidity | |||||
Quick ratio | 1.3 | 1.9 | 1.6 | 1.7 | 2.0 |
Current ratio | 1.3 | 1.9 | 1.6 | 1.7 | 2.0 |
Cash and cash equivalents | 67.57 | 44.16 | 21.66 | 27.14 | 31.17 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 28.2 | 28.5 | 27.1 | 31.1 | 42.2 |
Net working capital % | 16.3 % | 40.2 % | 28.6 % | 30.7 % | 43.3 % |
Credit risk | |||||
Credit rating | AA | AAA | AA | AA | AA |
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