Bluefin Copenhagen ApS — Credit Rating and Financial Key Figures

CVR number: 40844821
Pantheonsgade 3 A, 5000 Odense C
heatodense1@gmail.com
tel: 93988888
www.heat2eat.dk

Credit rating

Company information

Official name
Bluefin Copenhagen ApS
Personnel
8 persons
Established
2019
Company form
Private limited company
Industry
  • Expand more icon56Food and beverage service activities

About Bluefin Copenhagen ApS

Bluefin Copenhagen ApS (CVR number: 40844821) is a company from ODENSE. The company recorded a gross profit of 732 kDKK in 2023, demonstrating a growth of 1 % compared to the previous year. The operating profit was 30.8 kDKK, while net earnings were 21.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.2 %, which can be considered weak and Return on Equity (ROE) was 3.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -41.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Bluefin Copenhagen ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020202120222023
Volume
Net sales617.591 161.491 534.42
Gross profit123.59578.45724.91731.98
EBIT- 319.05-66.19- 209.3430.78
Net earnings- 255.09-55.59- 163.2821.26
Shareholders equity total- 215.09- 270.67- 433.96- 412.70
Balance sheet total (assets)262.12237.05529.54575.69
Net debt237.36367.86501.00459.62
Profitability
EBIT-%-51.7 %-5.7 %-13.6 %
ROA-66.9 %-13.4 %-28.5 %3.2 %
ROE-97.3 %-22.3 %-42.6 %3.8 %
ROI-116.5 %-19.6 %-44.1 %6.0 %
Economic value added (EVA)- 249.01-38.98- 147.9348.14
Solvency
Equity ratio-45.1 %-53.3 %-45.0 %-41.8 %
Gearing-127.4 %-148.8 %-126.1 %-117.3 %
Relative net indebtedness %71.3 %40.7 %59.8 %
Liquidity
Quick ratio0.40.20.30.4
Current ratio0.50.40.50.6
Cash and cash equivalents36.6234.8246.3224.29
Capital use efficiency
Trade debtors turnover (days)5.6
Net working capital %-37.2 %-24.5 %-29.2 %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:3.15%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-41.8%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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