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Blicher A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Blicher A/S
Blicher A/S (CVR number: 38752022) is a company from HERNING. The company recorded a gross profit of 3100.5 kDKK in 2025. The operating profit was 402.8 kDKK, while net earnings were -439.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak but Return on Equity (ROE) was -1.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 49.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Blicher A/S's liquidity measured by quick ratio was 3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 3 601.25 | 3 302.77 | 3 237.95 | 3 504.55 | 3 100.49 |
| EBIT | 5 953.18 | -1 303.32 | - 376.43 | 3 092.29 | 402.83 |
| Net earnings | 3 786.91 | 2 620.28 | -1 613.53 | 1 062.27 | - 439.93 |
| Shareholders equity total | 39 726.26 | 42 481.96 | 40 859.36 | 41 921.62 | 41 481.69 |
| Balance sheet total (assets) | 103 612.85 | 97 172.65 | 95 042.31 | 95 754.93 | 84 206.11 |
| Net debt | 52 674.33 | 43 505.54 | 44 947.78 | 44 105.40 | 33 913.60 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 6.0 % | 4.4 % | -0.4 % | 3.2 % | 0.4 % |
| ROE | 10.1 % | 6.4 % | -3.9 % | 2.6 % | -1.1 % |
| ROI | 6.2 % | 4.5 % | -0.4 % | 3.3 % | 0.5 % |
| Economic value added (EVA) | 261.46 | -5 672.08 | -5 041.73 | -2 297.36 | -4 442.45 |
| Solvency | |||||
| Equity ratio | 38.3 % | 43.7 % | 43.0 % | 43.8 % | 49.3 % |
| Gearing | 132.6 % | 102.4 % | 110.0 % | 105.2 % | 81.8 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.1 | 3.2 | 2.1 | 2.2 | 3.0 |
| Current ratio | 2.1 | 3.2 | 2.1 | 2.2 | 3.0 |
| Cash and cash equivalents | 5.94 | 11.90 | |||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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