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 43.9 mDKK in 2024. The operating profit was -10.5 mDKK, while net earnings were -1653 kDKK. The profitability of the company measured by Return on Assets (ROA) was -27.4 %, which can be considered poor and Return on Equity (ROE) was -7.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -41.1 %. 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 0.6 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 2 681.41 | 8 937.63 | 22 860.15 | 33 213.23 | 43 880.41 |
| EBIT | -6 853.63 | -5 327.99 | -2 480.04 | -10 345.31 | -10 475.21 |
| Net earnings | -6 842.79 | -5 414.60 | -2 620.30 | -2 424.06 | -1 652.96 |
| Shareholders equity total | -5 033.02 | -10 447.62 | -13 067.92 | -15 491.98 | -17 144.93 |
| Balance sheet total (assets) | 7 852.94 | 8 495.74 | 13 893.85 | 19 091.54 | 24 040.88 |
| Net debt | 5 939.19 | 14 053.15 | 19 694.57 | 23 779.60 | 26 947.05 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -39.0 % | -33.4 % | -10.4 % | -33.3 % | -27.4 % |
| ROE | -138.8 % | -62.5 % | -22.3 % | -14.5 % | -7.6 % |
| ROI | -74.7 % | -50.7 % | -13.5 % | -44.7 % | -38.4 % |
| Economic value added (EVA) | -7 441.63 | -5 383.55 | -2 700.78 | -10 724.62 | -10 961.73 |
| Solvency | |||||
| Equity ratio | -38.5 % | -53.0 % | -47.8 % | -44.8 % | -41.1 % |
| Gearing | -118.0 % | -134.5 % | -154.9 % | -162.5 % | -165.0 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.6 | 0.4 | 0.5 | 0.5 | 0.6 |
| Current ratio | 0.6 | 0.4 | 0.5 | 0.5 | 0.6 |
| Cash and cash equivalents | 551.35 | 1 394.47 | 1 337.13 | ||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | C | BB | BB | BB | BB |
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