BLUE ESTATE HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About BLUE ESTATE HOLDING A/S
BLUE ESTATE HOLDING A/S (CVR number: 27217079) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of -61 kDKK in 2023. The operating profit was -1138.4 kDKK, while net earnings were -1235.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -26.1 %, which can be considered poor and Return on Equity (ROE) was -27.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 84.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. BLUE ESTATE HOLDING A/S's liquidity measured by quick ratio was 10.2 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 | |||||
Gross profit | -8.00 | 75.00 | -70.00 | -74.00 | -61.01 |
EBIT | -1 642.00 | - 656.00 | - 923.00 | -1 138.00 | -1 138.37 |
Net earnings | -1 288.00 | - 378.00 | - 843.00 | -4 291.00 | -1 235.77 |
Shareholders equity total | 10 567.00 | 10 189.00 | 9 346.00 | 5 056.00 | 3 819.09 |
Balance sheet total (assets) | 16 542.00 | 11 297.00 | 10 060.00 | 5 845.00 | 4 519.50 |
Net debt | 4 469.00 | 228.00 | 122.00 | 339.00 | 461.80 |
Profitability | |||||
EBIT-% | |||||
ROA | -9.2 % | -3.4 % | -9.4 % | -56.5 % | -26.1 % |
ROE | -11.5 % | -3.6 % | -8.6 % | -59.6 % | -27.8 % |
ROI | -9.2 % | -3.4 % | -9.5 % | -57.8 % | -27.3 % |
Economic value added (EVA) | -1 107.59 | - 282.64 | - 894.16 | -1 044.49 | -1 118.88 |
Solvency | |||||
Equity ratio | 63.9 % | 90.2 % | 92.9 % | 86.5 % | 84.5 % |
Gearing | 54.8 % | 3.9 % | 1.7 % | 10.1 % | 13.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 139.7 | 75.2 | 77.2 | 10.1 | 10.2 |
Current ratio | 139.7 | 75.2 | 77.2 | 10.1 | 10.2 |
Cash and cash equivalents | 1 323.00 | 166.00 | 34.00 | 174.00 | 41.29 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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