Blade Partners Europe A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Blade Partners Europe A/S
Blade Partners Europe A/S (CVR number: 39165082) is a company from HADERSLEV. The company reported a net sales of 39.4 mDKK in 2023, demonstrating a growth of 1.4 % compared to the previous year. The operating profit percentage was at 10.9 % (EBIT: 4.3 mDKK), while net earnings were 3447.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.1 %, which can be considered excellent and Return on Equity (ROE) was 17.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 90.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Blade Partners Europe A/S's liquidity measured by quick ratio was 12.9 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 28.65 | 26.54 | 22.80 | 38.86 | 39.42 |
Gross profit | 18.29 | 19.44 | 14.81 | 27.33 | 25.18 |
EBIT | 4.39 | 6.18 | 1.25 | 8.71 | 4.28 |
Net earnings | 3.35 | 4.67 | 0.85 | 6.57 | 3.45 |
Shareholders equity total | 7.28 | 11.96 | 12.62 | 18.73 | 21.70 |
Balance sheet total (assets) | 9.81 | 15.31 | 15.67 | 22.25 | 24.10 |
Net debt | -7.45 | -10.40 | -10.96 | -19.37 | -19.55 |
Profitability | |||||
EBIT-% | 15.3 % | 23.3 % | 5.5 % | 22.4 % | 10.9 % |
ROA | 57.9 % | 49.3 % | 8.0 % | 45.9 % | 19.1 % |
ROE | 59.8 % | 48.6 % | 6.9 % | 41.9 % | 17.1 % |
ROI | 84.9 % | 74.1 % | 10.9 % | 57.8 % | 22.5 % |
Economic value added (EVA) | 3.47 | 4.83 | 0.89 | 6.71 | 3.39 |
Solvency | |||||
Equity ratio | 74.2 % | 78.1 % | 80.5 % | 84.2 % | 90.1 % |
Gearing | 1.0 % | 1.9 % | 2.6 % | ||
Relative net indebtedness % | -17.2 % | -26.6 % | -35.3 % | -41.7 % | -44.9 % |
Liquidity | |||||
Quick ratio | 3.9 | 4.6 | 5.2 | 6.8 | 12.9 |
Current ratio | 4.0 | 4.7 | 5.3 | 6.9 | 13.1 |
Cash and cash equivalents | 7.45 | 10.40 | 11.09 | 19.72 | 20.11 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 20.0 | 59.4 | 56.0 | 13.2 | 12.5 |
Net working capital % | 25.4 % | 45.0 % | 55.1 % | 48.7 % | 56.2 % |
Credit risk | |||||
Credit rating | BBB | A | A | BBB | A |
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