BLAST ApS — Credit Rating and Financial Key Figures

BLAST ApS (CVR number: 38074466) is a company from KØBENHAVN. The company reported a net sales of 72.5 mEUR in 2023, demonstrating a growth of 129.5 % compared to the previous year. The operating profit percentage was poor at -9.7 % (EBIT: -7 mEUR), while net earnings were -9274.4 kEUR. The profitability of the company measured by Return on Assets (ROA) was -13.6 %, which can be considered poor and Return on Equity (ROE) was -103.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 20.5 %, 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. BLAST ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.