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
18 persons
Established
2018
Company form
Private limited company
Industry

About Blue Finance Denmark ApS

Blue Finance Denmark ApS (CVR number: 39824515) is a company from AARHUS. The company recorded a gross profit of 21.6 mDKK in 2024. The operating profit was 15.6 mDKK, while net earnings were 6591.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.3 %, which can be considered good but Return on Equity (ROE) was 78.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 7.6 %, 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 1.1 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit5 235.86-10 300.16-16 958.3420 549.6321 636.79
EBIT1 479.00-14 990.18-22 625.6115 375.9915 567.00
Net earnings876.78-15 176.88-29 923.584 225.746 591.57
Shareholders equity total-1 023.985 799.14875.565 101.3011 692.88
Balance sheet total (assets)39 213.3154 069.3587 580.04115 220.17153 622.46
Net debt36 726.2044 403.6868 659.1185 588.55109 737.75
Profitability
EBIT-%
ROA4.9 %-31.8 %-31.7 %12.7 %12.3 %
ROE3.1 %-67.4 %-896.6 %141.4 %78.5 %
ROI5.2 %-33.5 %-36.1 %15.2 %14.9 %
Economic value added (EVA)322.60-13 554.39-25 202.4711 699.5510 756.75
Solvency
Equity ratio-2.5 %10.7 %1.2 %4.4 %7.6 %
Gearing-3714.0 %784.3 %8256.1 %1776.5 %987.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.11.21.01.1
Current ratio1.01.11.01.01.1
Cash and cash equivalents1 304.231 077.993 628.315 036.545 736.61
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:12.3%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:7.61%
Rating: 8/100
-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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