BLANGSTED HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 21424641
Valdemarshaab 6 C, 4600 Køge
tel: 56650272

Company information

Official name
BLANGSTED HOLDING ApS
Established
1998
Company form
Private limited company
Industry

About BLANGSTED HOLDING ApS

BLANGSTED HOLDING ApS (CVR number: 21424641K) is a company from KØGE. The company reported a net sales of 158.4 mDKK in 2023, demonstrating a decline of -5.4 % compared to the previous year. The operating profit percentage was at 3.2 % (EBIT: 5 mDKK), while net earnings were 68.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 24.7 %, which can be considered excellent and Return on Equity (ROE) was 19.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 86.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. BLANGSTED HOLDING ApS's liquidity measured by quick ratio was 6.5 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales114.48128.07164.93167.37158.36
Gross profit25.4628.1831.3830.3524.93
EBIT7.159.4112.3610.695.00
Net earnings13.4951.8528.1930.3068.10
Shareholders equity total205.25256.10282.79311.09377.70
Balance sheet total (assets)248.20302.38319.16358.42434.40
Net debt- 121.15- 185.41- 194.29- 238.97- 318.02
Profitability
EBIT-%6.2 %7.4 %7.5 %6.4 %3.2 %
ROA7.1 %23.8 %11.1 %14.1 %24.7 %
ROE6.8 %22.5 %10.5 %10.2 %19.8 %
ROI8.0 %27.0 %12.1 %15.4 %27.6 %
Economic value added (EVA)3.945.608.305.081.72
Solvency
Equity ratio82.7 %84.7 %88.6 %86.8 %86.9 %
Gearing3.2 %3.4 %4.6 %1.2 %1.5 %
Relative net indebtedness %-77.1 %-118.3 %-105.9 %-119.0 %-171.1 %
Liquidity
Quick ratio3.75.07.06.06.5
Current ratio4.45.57.86.77.1
Cash and cash equivalents127.78194.21207.42242.77323.80
Capital use efficiency
Trade debtors turnover (days)9.112.68.013.311.3
Net working capital %9.5 %2.3 %4.3 %1.7 %-5.9 %
Credit risk
Credit ratingAAAAAAAAAAAAAA

Variable visualization

ROA:24.7%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:86.9%
Rating: 67/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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