BlueNord Energy Denmark A/S

BlueNord Energy Denmark A/S (CVR number: 78342714) is a company from KØBENHAVN. The company reported a net sales of 791.6 mUSD in 2023, demonstrating a decline of -17.6 % compared to the previous year. The operating profit percentage was at 41.2 % (EBIT: 326 mUSD), while net earnings were 111.1 mUSD. The profitability of the company measured by Return on Assets (ROA) was 11.8 %, which can be considered good but Return on Equity (ROE) was 19.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 15.5 %, 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. BlueNord Energy Denmark A/S's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.