BlueTapeRedOcean ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BlueTapeRedOcean ApS
BlueTapeRedOcean ApS (CVR number: 39929481) is a company from KØBENHAVN. The company recorded a gross profit of -12.3 kDKK in 2023. The operating profit was -12.3 kDKK, while net earnings were -543.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.2 %, which can be considered poor and Return on Equity (ROE) was -25.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 30.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. BlueTapeRedOcean ApS's liquidity measured by quick ratio was 2 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -7.58 | - 156.77 | -8.97 | -10.72 | -12.31 |
EBIT | -7.58 | - 156.77 | -8.97 | -10.72 | -12.31 |
Net earnings | - 126.59 | -56.64 | - 185.47 | - 341.66 | - 543.07 |
Shareholders equity total | 653.41 | 1 596.77 | 3 187.31 | 2 845.65 | 1 385.08 |
Balance sheet total (assets) | 661.16 | 2 581.23 | 5 436.25 | 4 876.74 | 4 508.06 |
Net debt | 4.24 | 80.95 | - 992.77 | 1 087.32 | 1 854.86 |
Profitability | |||||
EBIT-% | |||||
ROA | -19.1 % | -1.8 % | -0.6 % | -2.8 % | -6.2 % |
ROE | -19.4 % | -5.0 % | -7.8 % | -11.3 % | -25.7 % |
ROI | -19.2 % | -1.8 % | -0.6 % | -3.1 % | -8.1 % |
Economic value added (EVA) | -7.58 | - 120.20 | 83.87 | 181.65 | 98.58 |
Solvency | |||||
Equity ratio | 98.8 % | 61.9 % | 58.6 % | 58.4 % | 30.7 % |
Gearing | 0.6 % | 5.1 % | 42.2 % | 39.6 % | 134.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 10.1 | 10.9 | 31.0 | 2.0 | |
Current ratio | 10.1 | 10.9 | 31.0 | 2.0 | |
Cash and cash equivalents | 0.01 | 2 338.22 | 40.27 | 9.72 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | BBB |
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