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Bluetooth P/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Bluetooth P/S
Bluetooth P/S (CVR number: 42019739) is a company from KØBENHAVN. The company reported a net sales of 29.5 mDKK in 2025, demonstrating a decline of -1.9 % compared to the previous year. The operating profit percentage was at 96.6 % (EBIT: 28.5 mDKK), while net earnings were 13.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.2 %, which can be considered decent and Return on Equity (ROE) was 7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 29 %, 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. Bluetooth P/S's liquidity measured by quick ratio was 6.4 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 17 872.04 | 32 314.69 | 32 143.48 | 30 092.70 | 29 527.25 |
| Gross profit | 16 366.98 | 32 668.48 | 13 367.14 | 13 044.54 | 13 697.22 |
| EBIT | 11 521.01 | 23 337.66 | 17 233.32 | 18 935.44 | 28 535.57 |
| Net earnings | 20 263.05 | -72 585.07 | -3 870.55 | -2 278.34 | 13 246.86 |
| Shareholders equity total | 237 614.21 | 165 029.14 | 181 158.59 | 182 180.25 | 195 427.10 |
| Balance sheet total (assets) | 935 551.47 | 791 577.13 | 759 199.83 | 699 597.24 | 676 309.40 |
| Net debt | 662 536.81 | 590 505.42 | 531 615.31 | 466 296.03 | 425 591.71 |
| Profitability | |||||
| EBIT-% | 64.5 % | 72.2 % | 53.6 % | 62.9 % | 96.6 % |
| ROA | 1.2 % | 2.7 % | 2.2 % | 2.7 % | 4.2 % |
| ROE | 8.5 % | -36.1 % | -2.2 % | -1.3 % | 7.0 % |
| ROI | 1.3 % | 2.7 % | 2.3 % | 2.7 % | 4.2 % |
| Economic value added (EVA) | 11 521.01 | -22 918.62 | -21 979.52 | -18 665.84 | -6 082.54 |
| Solvency | |||||
| Equity ratio | 25.4 % | 20.8 % | 24.0 % | 26.1 % | 29.0 % |
| Gearing | 287.4 % | 372.9 % | 313.1 % | 278.2 % | 241.0 % |
| Relative net indebtedness % | 3791.2 % | 1862.1 % | 1687.8 % | 1585.0 % | 1474.9 % |
| Liquidity | |||||
| Quick ratio | 1.3 | 0.6 | 1.2 | 0.1 | 6.4 |
| Current ratio | 1.3 | 0.6 | 1.1 | 0.1 | 4.7 |
| Cash and cash equivalents | 20 371.97 | 24 820.50 | 35 510.17 | 40 441.29 | 45 378.09 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | 36.7 % | -52.1 % | 16.4 % | -1583.5 % | 123.3 % |
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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