Blue Finance Denmark ApS — Credit Rating and Financial Key Figures

CVR number: 39824515
Nørreport 26, 8000 Aarhus C
info@kreditnu.dk
tel: 78762764
www.kreditnu.dk

Credit rating

Company information

Official name
Blue Finance Denmark ApS
Personnel
20 persons
Established
2018
Company form
Private limited company
Industry
  • Expand more icon64Financial service activities, except insurance and pension funding

About Blue Finance Denmark ApS

Blue Finance Denmark ApS (CVR number: 39824515) is a company from AARHUS. The company recorded a gross profit of 21 mDKK in 2023. The operating profit was 15.4 mDKK, while net earnings were 4225.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.7 %, which can be considered good but Return on Equity (ROE) was 141.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 5.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Blue Finance Denmark ApS's liquidity measured by quick ratio was 1.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit507.265 235.86-10 300.16-16 958.3420 973.24
EBIT-2 310.241 479.00-14 990.18-22 625.6115 375.99
Net earnings-1 950.77876.78-15 176.88-29 923.584 225.74
Shareholders equity total-1 900.77-1 023.985 799.14875.565 101.30
Balance sheet total (assets)18 015.7139 213.3154 069.3587 580.04115 220.17
Net debt16 943.1036 726.2044 403.6868 659.1185 588.55
Profitability
EBIT-%
ROA-11.6 %4.9 %-31.8 %-31.7 %12.7 %
ROE-10.8 %3.1 %-67.4 %-896.6 %141.4 %
ROI-12.5 %5.2 %-33.5 %-36.1 %15.2 %
Economic value added (EVA)-1 802.111 320.95-11 577.83-22 862.8515 514.32
Solvency
Equity ratio-9.5 %-2.5 %10.7 %1.2 %5.2 %
Gearing-968.3 %-3714.0 %784.3 %8256.1 %1776.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.01.11.21.2
Current ratio0.91.01.11.01.0
Cash and cash equivalents1 462.281 304.231 077.993 628.315 036.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:12.7%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:5.23%
Rating: 6/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board

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