BLAST ApS — Credit Rating and Financial Key Figures

CVR number: 38074466

Hauser Plads 1, 1127 København K

Income statement (mEUR)

	2020	2021	2022	2023	2024
Fiscal period length	12	12	12	12	12
Net sales	25.17	13.37	31.58	72.47	82.04
Manufacturing for enterprise's own use		0.11	0.54	0.68	1.27
Other operating income		4.00	3.46	3.69	3.44
Costs of manufacturing	-65.76	-17.91	-29.05	-53.08	-64.63
External services	-31.15	-0.97	-2.21	-4.12	-5.44
Gross profit	-71.75	-1.40	4.31	19.65	16.67
Employee benefit expenses	-7.94	-1.93	-3.36	-5.88	-6.78
Other operating expenses			-4.32	-18.05	-11.35
Total depreciation	-4.24	-0.89	-1.92	-2.72	-3.29
EBIT	-83.93	-4.22	-5.28	-7.00	-4.74
Other financial income	0.83	0.33	0.74	1.02	1.17
Other financial expenses	-2.49	-0.22	-1.38	-2.46	-1.57
Reduction non-current investment assets		-7.66	7.66
Net income from associates (fin.)		-0.70
Pre-tax profit	-85.60	-12.47	1.73	-8.44	-5.14
Income taxes			-0.62	-0.83	-0.10
Net earnings	-85.60	-12.47	1.11	-9.27	-5.24

	2020	2021	2022	2023	2024
Development expenditure	7.59	1.45	5.89	5.72	5.99
Intangible assets total	7.59	1.45	5.89	5.72	5.99
Buildings				1.05	1.51
Machinery and equipment	7.66	1.21	4.02	3.54	3.29
Advance payments and construction in progress		0.35	0.93
Tangible assets total	7.66	1.56	4.95	4.59	4.81
Holdings in group member companies	36.51	4.21	0.00	0.00	0.00
Investments total	36.86	4.27	0.66	0.46	0.26
Non-curr. owed by group member comp.		9.46	12.77	5.63
Long term receivables total		9.46	12.77	5.63
Inventories total
Current trade debtors	15.51	3.51	4.00	9.17	11.10
Current amounts owed by group member comp.	34.75	0.19			4.58
Prepayments and accrued income	1.11	0.08	0.24	2.98	2.30
Current other receivables	0.85	0.78	0.91	2.60	7.43
Current deferred tax assets			0.89
Short term receivables total	52.21	4.55	6.04	14.74	25.41
Cash and bank deposits	16.78	1.15	8.55	17.75	10.47
Cash and cash equivalents	16.78	1.15	8.55	17.75	10.47
Balance sheet total (assets)	121.10	22.43	38.87	48.90	46.94

	2020	2021	2022	2023	2024
Share capital	0.24	0.04	0.04	0.05	0.05
Other reserves	5.92	1.12	1.39	2.01	8.16
Retained earnings	122.17	18.49	5.34	17.25	8.55
Profit of the financial year	-85.60	-12.47	1.11	-9.27	-5.24
Shareholders equity total	42.73	7.18	7.88	10.03	11.52
Non-current loans from credit institutions	20.41
Non-current leasing loans	3.76	0.46	0.29
Non-current owed to group member		2.89	12.75	12.87	0.81
Non-current deferred tax liabilities	0.74	0.10	0.44
Non-current liabilities total	24.91	3.45	13.48	12.87	0.81
Current loans from credit institutions		0.16	1.48	1.31	11.93
Current trade creditors	5.57	9.86	12.37	18.39	17.81
Current owed to participating					0.74
Current owed to group member	0.85
Short-term deferred tax liabilities					0.10
Other non-interest bearing current liabilities	37.74	0.39	0.85	0.63	0.54
Accruals and deferred income	9.30	1.40	2.80	5.67	3.49
Current liabilities total	53.46	11.81	17.51	26.00	34.62
Balance sheet total (liabilities)	121.10	22.43	38.87	48.90	46.94

CreditReports API