BLONDTEX ApS — Credit Rating and Financial Key Figures

CVR number: 10066301
Hovedgaden 21, 8831 Løgstrup

Company information

Official name
BLONDTEX ApS
Established
1985
Company form
Private limited company
Industry

About BLONDTEX ApS

BLONDTEX ApS (CVR number: 10066301) is a company from VIBORG. The company recorded a gross profit of 3.3 kDKK in 2022. The operating profit was 3.3 kDKK, while net earnings were 2.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak and Return on Equity (ROE) was 1.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 77.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. BLONDTEX ApS's liquidity measured by quick ratio was 1.7 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
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit16.7760.1848.5288.593.29
EBIT16.7760.1848.5288.593.29
Net earnings14.4347.9136.3868.962.23
Shareholders equity total167.08174.99166.38195.34132.57
Balance sheet total (assets)202.20249.08199.82236.76170.32
Net debt-62.95- 162.92-96.85-88.9622.25
Profitability
EBIT-%
ROA9.7 %27.4 %21.3 %40.9 %1.6 %
ROE9.0 %28.0 %21.3 %38.1 %1.4 %
ROI11.8 %33.1 %25.6 %49.3 %1.8 %
Economic value added (EVA)10.2941.7138.8665.61-2.06
Solvency
Equity ratio82.6 %70.3 %83.3 %82.5 %77.8 %
Gearing18.4 %22.0 %
Relative net indebtedness %
Liquidity
Quick ratio4.32.84.63.61.7
Current ratio5.83.46.05.74.5
Cash and cash equivalents62.95195.0996.8588.966.87
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:1.61%
Rating: 28/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.8%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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