BLUE INNOVATION ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BLUE INNOVATION ApS
BLUE INNOVATION ApS (CVR number: 53625118) is a company from VEJLE. The company recorded a gross profit of -80.4 kDKK in 2019. The operating profit was -168 kDKK, while net earnings were -168 kDKK. The profitability of the company measured by Return on Assets (ROA) was -50.1 %, which can be considered poor and Return on Equity (ROE) was -54.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 88 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. BLUE INNOVATION ApS's liquidity measured by quick ratio was 8 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 financials2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | ||||
| Gross profit | - 158.82 | -99.78 | -91.52 | -80.39 |
| EBIT | - 246.39 | - 187.35 | - 179.09 | - 167.96 |
| Net earnings | - 363.58 | - 352.23 | - 179.09 | - 167.96 |
| Shareholders equity total | 1 029.81 | 625.88 | 393.89 | 225.93 |
| Balance sheet total (assets) | 1 071.35 | 659.03 | 413.17 | 256.83 |
| Net debt | - 537.05 | - 410.12 | - 263.18 | - 243.65 |
| Profitability | ||||
| EBIT-% | ||||
| ROA | -22.3 % | -21.7 % | -33.4 % | -50.1 % |
| ROE | -35.3 % | -42.5 % | -35.1 % | -54.2 % |
| ROI | -23.2 % | -22.6 % | -35.1 % | -54.2 % |
| Economic value added (EVA) | - 353.28 | - 157.78 | - 189.94 | - 174.53 |
| Solvency | ||||
| Equity ratio | 96.1 % | 95.0 % | 95.3 % | 88.0 % |
| Gearing | ||||
| Relative net indebtedness % | ||||
| Liquidity | ||||
| Quick ratio | 17.6 | 13.2 | 14.6 | 8.0 |
| Current ratio | 19.4 | 14.6 | 16.8 | 8.3 |
| Cash and cash equivalents | 537.05 | 410.12 | 263.18 | 243.65 |
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | ||||
| Credit risk | ||||
| Credit rating | BB | BB | BB | C |
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