Bluefin Aarhus ApS — Credit Rating and Financial Key Figures

CVR number: 39599244
Borggade 4 C, 8000 Aarhus C
bluefinaarhus@gmail.com
tel: 60692288
www.bluefin.nu

Company information

Official name
Bluefin Aarhus ApS
Personnel
18 persons
Established
2018
Company form
Private limited company
Industry

About Bluefin Aarhus ApS

Bluefin Aarhus ApS (CVR number: 39599244) is a company from AARHUS. The company recorded a gross profit of 1571.5 kDKK in 2023. The operating profit was -237.4 kDKK, while net earnings were -194.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.1 %, which can be considered poor and Return on Equity (ROE) was -13 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -42.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Bluefin Aarhus ApS's liquidity measured by quick ratio was 0.2 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
2019
2020
2021
2022
2023
Volume
Net sales1 014.772 483.202 025.70
Gross profit3.591 088.41716.811 508.761 571.48
EBIT- 610.9429.41- 651.94-49.95- 237.41
Net earnings- 479.211.00- 520.57-44.55- 194.55
Shareholders equity total- 511.87- 510.87- 981.44-1 025.99-1 175.99
Balance sheet total (assets)1 218.241 298.011 351.711 414.131 580.98
Net debt1 604.581 212.412 192.962 134.352 094.86
Profitability
EBIT-%-60.2 %1.2 %-32.2 %
ROA-45.7 %1.7 %-31.5 %-2.1 %-9.1 %
ROE-45.0 %0.1 %-39.3 %-3.2 %-13.0 %
ROI-46.9 %2.0 %-36.9 %-2.3 %-10.9 %
Economic value added (EVA)- 473.3857.96- 482.970.75- 132.71
Solvency
Equity ratio-29.6 %-28.2 %-42.1 %-42.0 %-42.7 %
Gearing-324.5 %-263.1 %-223.4 %-213.7 %-183.9 %
Relative net indebtedness %164.9 %67.5 %115.2 %
Liquidity
Quick ratio0.10.20.10.20.2
Current ratio0.20.20.20.20.3
Cash and cash equivalents56.30131.7257.6967.40
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-139.1 %-56.0 %-80.9 %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-9.14%
Rating: 11/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-42.7%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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