BlueNord Pipeline Denmark ApS. — Credit Rating and Financial Key Figures
Credit rating
Company information
About BlueNord Pipeline Denmark ApS.
BlueNord Pipeline Denmark ApS. (CVR number: 27977561) is a company from KØBENHAVN. The company reported a net sales of 24 mDKK in 2023, demonstrating a decline of -45 % compared to the previous year. The operating profit percentage was at 81.1 % (EBIT: 19.4 mDKK), while net earnings were 34 mDKK. The profitability of the company measured by Return on Assets (ROA) was 13.1 %, which can be considered good and Return on Equity (ROE) was 10.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 89.6 %, 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 25.6 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 13 374.00 | 49 428.00 | 43 117.00 | 43 619.00 | 23 972.00 |
| Gross profit | 2 550.00 | 46 919.00 | 39 614.00 | 39 596.00 | 20 280.00 |
| EBIT | 696.00 | 45 935.00 | 38 630.00 | 38 724.00 | 19 435.00 |
| Net earnings | -10 280.00 | 47 835.00 | 32 882.00 | 40 555.00 | 33 999.00 |
| Shareholders equity total | 176 574.00 | 224 407.00 | 257 289.00 | 297 844.00 | 331 843.00 |
| Balance sheet total (assets) | 193 680.00 | 250 268.00 | 284 744.00 | 330 233.00 | 357 343.00 |
| Net debt | 7 846.00 | -33 782.00 | -11 296.00 | -4 225.00 | 178.00 |
| Profitability | |||||
| EBIT-% | 5.2 % | 92.9 % | 89.6 % | 88.8 % | 81.1 % |
| ROA | 2.1 % | 24.0 % | 18.4 % | 17.2 % | 13.1 % |
| ROE | -5.7 % | 23.9 % | 13.7 % | 14.6 % | 10.8 % |
| ROI | 2.1 % | 24.0 % | 18.4 % | 17.4 % | 13.3 % |
| Economic value added (EVA) | -8 605.52 | 33 230.63 | 17 258.41 | 18 423.67 | 1 182.28 |
| Solvency | |||||
| Equity ratio | 91.2 % | 89.7 % | 85.7 % | 87.2 % | 89.6 % |
| Gearing | 6.5 % | 4.8 % | 4.5 % | 5.2 % | 2.8 % |
| Relative net indebtedness % | 100.9 % | -37.9 % | 10.7 % | 29.1 % | 68.3 % |
| Liquidity | |||||
| Quick ratio | 13.9 | 15.9 | 19.8 | 13.4 | 25.6 |
| Current ratio | 13.9 | 15.9 | 19.8 | 13.4 | 25.6 |
| Cash and cash equivalents | 3 611.00 | 44 618.00 | 22 845.00 | 19 698.00 | 9 137.00 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | 1185.5 % | 327.0 % | 517.0 % | 602.3 % | 1292.1 % |
| Credit risk | |||||
| Credit rating | A | AA | A | A | A |
Variable visualization
Roles
Companies in the same industry
- Professional credit risk reports
- Create your own estimates for any company
- Valuation analysis
- All 400,000+ Danish companies
- See instructions
... and more!
No registration needed.