BlueTapeRedOcean ApS — Credit Rating and Financial Key Figures

CVR number: 39929481
Skyttegade 5, 2200 København N

Credit rating

Company information

Official name
BlueTapeRedOcean ApS
Established
2018
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 total653.411 596.773 187.312 845.651 385.08
Balance sheet total (assets)661.162 581.235 436.254 876.744 508.06
Net debt4.2480.95- 992.771 087.321 854.86
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- 120.2083.87181.6598.58
Solvency
Equity ratio98.8 %61.9 %58.6 %58.4 %30.7 %
Gearing0.6 %5.1 %42.2 %39.6 %134.6 %
Relative net indebtedness %
Liquidity
Quick ratio10.110.931.02.0
Current ratio10.110.931.02.0
Cash and cash equivalents0.012 338.2240.279.72
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:-6.20%
Rating: 14/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.7%
Rating: 27/100
-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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