42.Blue ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About 42.Blue ApS
42.Blue ApS (CVR number: 40525955) is a company from IKAST-BRANDE. The company recorded a gross profit of 209.1 kDKK in 2023, demonstrating a growth of 0 % compared to the previous year. The operating profit was -20.3 kDKK, while net earnings were -19.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14.5 %, which can be considered poor and Return on Equity (ROE) was -18.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 65.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. 42.Blue ApS's liquidity measured by quick ratio was 2.9 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 | 511.40 | 55.78 | |||
Gross profit | 437.52 | 83.92 | 53.55 | -10.84 | 209.11 |
EBIT | 437.29 | 3.22 | - 254.98 | -73.36 | -20.30 |
Net earnings | 340.39 | 3.22 | - 254.98 | -73.50 | -19.89 |
Shareholders equity total | 462.54 | 582.12 | 327.14 | 113.99 | 105.74 |
Balance sheet total (assets) | 578.90 | 619.57 | 327.14 | 113.99 | 160.92 |
Net debt | - 558.30 | - 614.62 | - 327.14 | - 113.99 | - 160.92 |
Profitability | |||||
EBIT-% | 85.5 % | -131.5 % | |||
ROA | 75.6 % | 0.5 % | -53.9 % | -33.3 % | -14.5 % |
ROE | 73.6 % | 0.6 % | -56.1 % | -33.3 % | -18.1 % |
ROI | 94.7 % | 0.6 % | -56.1 % | -33.3 % | -18.1 % |
Economic value added (EVA) | 341.09 | 11.65 | - 226.77 | -46.62 | -13.40 |
Solvency | |||||
Equity ratio | 79.9 % | 94.0 % | 100.0 % | 100.0 % | 65.7 % |
Gearing | |||||
Relative net indebtedness % | -86.4 % | -204.4 % | |||
Liquidity | |||||
Quick ratio | 28.4 | 16.5 | 2.9 | ||
Current ratio | 28.4 | 16.5 | 2.9 | ||
Cash and cash equivalents | 558.30 | 614.62 | 327.14 | 113.99 | 160.92 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 109.2 % | 204.4 % | |||
Credit risk | |||||
Credit rating | BB | BB | B | B | BB |
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