BlueNord Pipeline Denmark ApS — Credit Rating and Financial Key Figures

CVR number: 27977561
Lyngbyvej 2, 2100 København Ø
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Company information

Official name
BlueNord Pipeline Denmark ApS
Established
2004
Company form
Private limited company
Industry

About BlueNord Pipeline Denmark ApS

BlueNord Pipeline Denmark ApS (CVR number: 27977561) is a company from KØBENHAVN. The company reported a net sales of 25 mDKK in 2024, demonstrating a growth of 4.4 % compared to the previous year. The operating profit percentage was at 82.2 % (EBIT: 20.6 mDKK), while net earnings were 35.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.8 %, which can be considered good and Return on Equity (ROE) was 10.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 90.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. BlueNord Pipeline Denmark ApS's liquidity measured by quick ratio was 36.9 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales49 428.0043 117.0043 619.0023 972.0025 031.00
Gross profit46 919.0039 614.0039 596.0020 280.0021 438.00
EBIT45 935.0038 630.0038 724.0019 435.0020 578.00
Net earnings47 835.0032 882.0040 555.0034 000.0035 562.00
Shareholders equity total224 407.00257 289.00297 844.00331 843.00367 404.00
Balance sheet total (assets)250 268.00284 744.00330 233.00357 343.00392 252.00
Net debt-33 782.00-11 296.00-4 225.00178.00-11 538.00
Profitability
EBIT-%92.9 %89.6 %88.8 %81.1 %82.2 %
ROA24.0 %18.4 %17.2 %13.1 %12.8 %
ROE23.9 %13.7 %14.6 %10.8 %10.2 %
ROI24.0 %18.4 %17.4 %13.3 %12.8 %
Economic value added (EVA)32 473.4114 471.8415 910.57-1 150.33-1 741.82
Solvency
Equity ratio89.7 %85.7 %87.2 %89.6 %90.2 %
Gearing4.8 %4.5 %5.2 %2.8 %2.7 %
Relative net indebtedness %-37.9 %10.7 %29.1 %68.3 %13.4 %
Liquidity
Quick ratio15.919.813.426.436.9
Current ratio15.919.813.426.436.9
Cash and cash equivalents44 618.0022 845.0019 698.009 137.0021 493.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %327.0 %517.0 %602.3 %1330.2 %1427.5 %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:12.8%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.2%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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