team.blue Nordic ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About team.blue Nordic ApS
team.blue Nordic ApS (CVR number: 37272272K) is a company from SKANDERBORG. The company reported a net sales of 667.3 mDKK in 2024, demonstrating a growth of 11.2 % compared to the previous year. The operating profit percentage was at 15.2 % (EBIT: 101.4 mDKK), while net earnings were 54.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 20.8 %, which can be considered excellent and Return on Equity (ROE) was 29.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 40.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. team.blue Nordic ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 416.79 | 476.72 | 536.12 | 600.10 | 667.28 |
Gross profit | 251.78 | 290.49 | 312.12 | 351.09 | 378.78 |
EBIT | 32.57 | 51.03 | 61.38 | 91.08 | 101.43 |
Net earnings | -6.07 | 5.04 | 16.41 | 40.81 | 54.09 |
Shareholders equity total | 243.67 | 98.71 | 115.12 | 155.93 | 210.03 |
Balance sheet total (assets) | 743.33 | 641.92 | 545.34 | 492.32 | 515.18 |
Net debt | 222.62 | 286.14 | 175.78 | 39.65 | -13.50 |
Profitability | |||||
EBIT-% | 7.8 % | 10.7 % | 11.4 % | 15.2 % | 15.2 % |
ROA | 4.9 % | 7.6 % | 10.6 % | 18.0 % | 20.8 % |
ROE | -2.2 % | 2.9 % | 15.3 % | 30.1 % | 29.6 % |
ROI | 6.4 % | 10.6 % | 16.1 % | 32.6 % | 44.8 % |
Economic value added (EVA) | -9.24 | 8.93 | 20.98 | 47.81 | 60.16 |
Solvency | |||||
Equity ratio | 32.8 % | 15.4 % | 21.1 % | 31.7 % | 40.8 % |
Gearing | 119.2 % | 339.1 % | 177.0 % | 44.9 % | 10.6 % |
Relative net indebtedness % | 103.4 % | 103.7 % | 75.0 % | 51.0 % | 40.4 % |
Liquidity | |||||
Quick ratio | 0.2 | 0.2 | 0.2 | 0.3 | 0.7 |
Current ratio | 0.2 | 0.2 | 0.2 | 0.3 | 0.7 |
Cash and cash equivalents | 67.75 | 48.63 | 27.94 | 30.40 | 35.70 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 28.2 | 28.5 | 27.1 | 31.1 | 42.2 |
Net working capital % | -89.5 % | -87.6 % | -60.2 % | -34.5 % | -11.8 % |
Credit risk | |||||
Credit rating | A | AA | AA | A | A |
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