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 82 mEUR in 2024, demonstrating a growth of 13.2 % compared to the previous year. The operating profit percentage was poor at -5.8 % (EBIT: -4.7 mEUR), while net earnings were -5239.6 kEUR. The profitability of the company measured by Return on Assets (ROA) was -7.5 %, which can be considered poor and Return on Equity (ROE) was -48.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.5 %, 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 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.