GLOBAL BLUE DANMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About GLOBAL BLUE DANMARK A/S
GLOBAL BLUE DANMARK A/S (CVR number: 70986612) is a company from KØBENHAVN. The company recorded a gross profit of 33.2 mDKK in 2023. The operating profit was -1657.5 kDKK, while net earnings were -2424.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5 %, which can be considered poor and Return on Equity (ROE) was -14.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -44.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. GLOBAL BLUE DANMARK A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 44 392.92 | 2 681.41 | 8 937.63 | 22 860.15 | 33 213.23 |
EBIT | 245.91 | -6 853.63 | -5 327.99 | -2 480.04 | -1 657.52 |
Net earnings | -2 351.07 | -6 842.79 | -5 414.60 | -2 620.30 | -2 424.06 |
Shareholders equity total | 1 809.77 | -5 033.02 | -10 447.62 | -13 067.92 | -15 491.98 |
Balance sheet total (assets) | 21 908.87 | 7 852.94 | 8 495.74 | 13 893.85 | 19 091.54 |
Net debt | 8 522.65 | 5 939.19 | 14 053.15 | 19 694.57 | 24 279.70 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.4 % | -39.0 % | -33.4 % | -10.4 % | -5.0 % |
ROE | -27.7 % | -138.8 % | -62.5 % | -22.3 % | -14.5 % |
ROI | 4.2 % | -74.7 % | -50.7 % | -13.5 % | -6.7 % |
Economic value added (EVA) | - 563.70 | -6 900.15 | -5 075.08 | -1 955.05 | - 973.15 |
Solvency | |||||
Equity ratio | 8.3 % | -38.5 % | -53.0 % | -47.8 % | -44.8 % |
Gearing | 519.8 % | -118.0 % | -134.5 % | -154.9 % | -165.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 0.6 | 0.4 | 0.5 | 0.5 |
Current ratio | 1.1 | 0.6 | 0.4 | 0.5 | 0.5 |
Cash and cash equivalents | 883.91 | 551.35 | 1 394.47 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | B | BBB | BBB | BBB |
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