Bluebyte ApS — Credit Rating and Financial Key Figures

CVR number: 29218846
Guldager Byvej 52, 6710 Esbjerg V
salg@bluebyte.dk
tel: 76123112
www.bluebyte.dk

Credit rating

Company information

Official name
Bluebyte ApS
Personnel
33 persons
Established
2005
Company form
Private limited company
Industry

About Bluebyte ApS

Bluebyte ApS (CVR number: 29218846) is a company from ESBJERG. The company recorded a gross profit of 32.1 mDKK in 2023. The operating profit was 13.6 mDKK, while net earnings were 10.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 50.2 %, which can be considered excellent and Return on Equity (ROE) was 76.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 59.8 %, 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. Bluebyte ApS's liquidity measured by quick ratio was 2.1 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 profit16 305.0118 009.0017 701.6820 873.8932 115.65
EBIT6 473.759 468.149 543.3911 077.3513 625.70
Net earnings5 056.757 318.157 309.598 567.4210 785.38
Shareholders equity total7 640.909 959.057 468.6413 036.0715 321.45
Balance sheet total (assets)12 579.7719 142.3417 637.7426 232.9929 018.62
Net debt-8 412.16-5 105.40- 478.89-9 261.40-15 139.70
Profitability
EBIT-%
ROA47.0 %60.0 %51.9 %50.7 %50.2 %
ROE68.0 %83.2 %83.9 %83.6 %76.1 %
ROI82.3 %91.4 %78.6 %85.5 %85.8 %
Economic value added (EVA)5 170.077 416.817 300.478 424.8510 483.68
Solvency
Equity ratio60.7 %52.0 %50.6 %60.0 %59.8 %
Gearing1.7 %22.3 %53.9 %10.7 %15.9 %
Relative net indebtedness %
Liquidity
Quick ratio2.52.22.42.02.1
Current ratio2.52.21.71.31.6
Cash and cash equivalents8 538.867 324.904 502.1410 655.5117 576.45
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:50.2%
Rating: 95/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.8%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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