BLENDEX A/S

CVR number: 12478097
Grusbakken 3, 2820 Gentofte
tel: 44480956

Credit rating

Company information

Official name
BLENDEX A/S
Established
1988
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About BLENDEX A/S

BLENDEX A/S (CVR number: 12478097) is a company from GENTOFTE. The company recorded a gross profit of 32 mDKK in 2022. The operating profit was 4724 kDKK, while net earnings were 3282.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.5 %, which can be considered good but Return on Equity (ROE) was 23.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 28.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. BLENDEX A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20182019202020212022
Volume
Net sales
Gross profit25 290.6826 147.0130 224.4833 395.8932 034.79
EBIT5 050.643 237.296 359.816 314.924 724.01
Net earnings3 254.782 027.614 597.184 667.673 282.21
Shareholders equity total11 891.6910 919.3013 516.4714 684.1413 466.36
Balance sheet total (assets)32 983.6835 988.2944 501.3145 651.0847 134.92
Net debt12 970.2412 593.0912 680.657 975.0020 480.55
Profitability
EBIT-%
ROA14.8 %9.9 %16.5 %14.7 %10.5 %
ROE31.7 %17.8 %37.6 %33.1 %23.3 %
ROI17.7 %13.0 %23.4 %22.5 %14.5 %
Economic value added (EVA)3 044.821 481.103 974.873 824.932 561.91
Solvency
Equity ratio36.1 %30.3 %30.4 %32.2 %28.6 %
Gearing109.1 %115.3 %93.8 %58.2 %152.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.01.31.41.51.4
Current ratio2.31.41.51.61.6
Cash and cash equivalents8.661.501.50573.771.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:10.5%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:28.6%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

Companies in the same industry

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