BLUE WATER GREENLAND A/S — Credit Rating and Financial Key Figures

CVR number: 16097381
Nukappiakuluk 2, 3905 Nuussuaq

Credit rating

Company information

Official name
BLUE WATER GREENLAND A/S
Established
1992
Company form
Limited company
Industry
  • Expand more icon522600

About BLUE WATER GREENLAND A/S

BLUE WATER GREENLAND A/S (CVR number: 16097381) is a company from SERMERSOOQ. The company recorded a gross profit of 45.7 mDKK in 2023. The operating profit was 6816 kDKK, while net earnings were 4547 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.2 %, which can be considered excellent and Return on Equity (ROE) was 19.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50.4 %, 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. BLUE WATER GREENLAND A/S's liquidity measured by quick ratio was 0.9 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit32 229.0030 752.0035 179.0040 423.0045 748.00
EBIT2 042.001 577.005 476.005 493.006 816.00
Net earnings1 351.00294.004 186.005 060.004 547.00
Shareholders equity total6 914.0016 708.0020 894.0020 954.0025 501.00
Balance sheet total (assets)37 299.0032 671.0034 894.0039 062.0050 589.00
Net debt7 724.002 928.00-54.001 434.009 849.00
Profitability
EBIT-%
ROA6.2 %4.5 %16.3 %14.9 %15.2 %
ROE21.7 %2.5 %22.3 %24.2 %19.6 %
ROI15.8 %8.1 %23.7 %21.9 %21.4 %
Economic value added (EVA)1 696.88795.213 394.614 324.764 044.15
Solvency
Equity ratio18.5 %51.1 %59.9 %53.6 %50.4 %
Gearing118.3 %20.5 %15.5 %39.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.01.60.70.9
Current ratio0.91.01.60.71.0
Cash and cash equivalents457.00500.0054.001 812.00236.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:15.2%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.4%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member
Chairman of the board

Companies in the same industry

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