Blue-Green Holding 2 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Blue-Green Holding 2 ApS
Blue-Green Holding 2 ApS (CVR number: 36963271) is a company from VIBORG. The company reported a net sales of -0.3 mDKK in 2022, demonstrating a growth of -34.8 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0.3 mDKK), while net earnings were -244.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.2 %, which can be considered poor and Return on Equity (ROE) was -12.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 94.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Blue-Green Holding 2 ApS's liquidity measured by quick ratio was 9.6 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 financials2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | -1 952.34 | - 376.57 | - 605.50 | - 495.86 | - 323.10 |
| Gross profit | -1 974.59 | - 403.55 | - 624.45 | - 525.75 | - 340.14 |
| EBIT | -1 974.59 | - 410.91 | - 629.65 | - 525.75 | - 340.14 |
| Net earnings | -1 827.43 | - 485.31 | - 355.42 | - 769.53 | - 244.81 |
| Shareholders equity total | 3 914.79 | 3 474.45 | 3 008.43 | 2 125.90 | 1 766.69 |
| Balance sheet total (assets) | 4 464.40 | 3 651.95 | 3 101.36 | 2 223.11 | 1 863.99 |
| Net debt | - 767.60 | - 949.47 | -1 086.47 | - 590.84 | - 553.00 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -32.2 % | -7.8 % | -10.6 % | -19.4 % | -11.2 % |
| ROE | -36.9 % | -13.1 % | -11.0 % | -30.0 % | -12.6 % |
| ROI | -32.3 % | -7.9 % | -10.8 % | -19.8 % | -11.2 % |
| Economic value added (EVA) | -1 963.50 | - 422.83 | - 660.37 | - 574.06 | - 389.63 |
| Solvency | |||||
| Equity ratio | 87.7 % | 95.1 % | 97.0 % | 95.6 % | 94.8 % |
| Gearing | 13.7 % | 4.8 % | 4.0 % | 4.9 % | |
| Relative net indebtedness % | 38.7 % | 248.8 % | 164.1 % | 116.8 % | 167.6 % |
| Liquidity | |||||
| Quick ratio | 2.4 | 6.3 | 14.6 | 10.0 | 9.6 |
| Current ratio | 2.4 | 6.3 | 14.6 | 10.0 | 9.6 |
| Cash and cash equivalents | 1 305.33 | 1 114.53 | 1 086.47 | 676.16 | 638.80 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | 24.8 % | -71.1 % | -42.1 % | -40.7 % | -63.2 % |
| Credit risk | |||||
| Credit rating | BB | BBB | BB | BBB | BBB |
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