Blu Digital Group Denmark A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Blu Digital Group Denmark A/S
Blu Digital Group Denmark A/S (CVR number: 29421978) is a company from KØBENHAVN. The company recorded a gross profit of 12 mDKK in 2023. The operating profit was -5228.1 kDKK, while net earnings were -5501.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -38.2 %, which can be considered poor and Return on Equity (ROE) was -100.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 42.5 %, 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. Blu Digital Group Denmark A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 16 800.59 | 19 570.95 | 13 474.31 | 5 568.04 | 12 025.28 |
EBIT | 2 915.08 | 6 210.63 | 188.70 | - 503.64 | -5 228.10 |
Net earnings | 2 248.76 | 5 035.80 | 248.13 | - 661.13 | -5 501.15 |
Shareholders equity total | 8 233.67 | 12 769.47 | 12 417.60 | 6 646.54 | 4 274.70 |
Balance sheet total (assets) | 14 193.28 | 19 808.39 | 18 073.21 | 17 310.11 | 10 055.30 |
Net debt | -5 563.08 | -3 973.14 | -4 132.88 | 3 066.41 | 812.63 |
Profitability | |||||
EBIT-% | |||||
ROA | 22.6 % | 36.6 % | 1.3 % | -2.8 % | -38.2 % |
ROE | 31.0 % | 48.0 % | 2.0 % | -6.9 % | -100.7 % |
ROI | 33.4 % | 50.1 % | 1.7 % | -3.7 % | -62.1 % |
Economic value added (EVA) | 2 231.13 | 5 147.66 | -84.39 | - 504.34 | -5 391.55 |
Solvency | |||||
Equity ratio | 58.0 % | 64.5 % | 68.7 % | 38.4 % | 42.5 % |
Gearing | 10.3 % | 4.4 % | 12.4 % | 73.0 % | 24.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.9 | 2.7 | 2.9 | 0.9 | 1.3 |
Current ratio | 1.9 | 2.7 | 2.9 | 0.9 | 1.3 |
Cash and cash equivalents | 6 409.00 | 4 540.67 | 5 677.92 | 1 782.75 | 243.87 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | AA | BBB | BBB |
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