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BLENDEX A/S — Credit Rating and Financial Key Figures

CVR number: 12478097
Grusbakken 3, 2820 Gentofte
tel: 44480956
Free credit report Annual report

Credit rating

Company information

Official name
BLENDEX A/S
Personnel
45 persons
Established
1988
Company form
Limited company
Industry

About BLENDEX A/S

BLENDEX A/S (CVR number: 12478097) is a company from GENTOFTE. The company recorded a gross profit of 39.4 mDKK in 2024. The operating profit was 8114.7 kDKK, while net earnings were 5955.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.2 %, which can be considered excellent and Return on Equity (ROE) was 35.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34.2 %, 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 2 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit30 224.4833 395.8930 570.7938 306.0239 396.86
EBIT6 359.816 314.924 724.018 842.138 114.74
Net earnings4 597.184 667.673 282.216 219.355 955.93
Shareholders equity total13 516.4714 684.1413 466.3616 685.7116 641.64
Balance sheet total (assets)44 501.3145 651.0847 134.9246 530.8548 610.89
Net debt12 680.657 975.0020 480.5512 449.8415 160.61
Profitability
EBIT-%
ROA16.5 %14.7 %10.5 %19.2 %18.2 %
ROE37.6 %33.1 %23.3 %41.3 %35.7 %
ROI23.4 %22.5 %14.5 %24.1 %23.5 %
Economic value added (EVA)3 678.453 468.142 381.605 019.924 627.24
Solvency
Equity ratio30.4 %32.2 %28.6 %35.9 %34.2 %
Gearing93.8 %58.2 %152.1 %74.6 %91.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.51.42.02.0
Current ratio1.51.61.62.32.2
Cash and cash equivalents1.50573.771.501.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:18.2%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:34.2%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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