BLOC ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BLOC ApS
BLOC ApS (CVR number: 38529609) is a company from FREDERIKSSUND. The company reported a net sales of 0.3 mDKK in 2023, demonstrating a decline of -35.4 % compared to the previous year. The operating profit percentage was poor at -1.4 % (EBIT: -0 mDKK), while net earnings were 1.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak and Return on Equity (ROE) was 1.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 63.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. BLOC ApS's liquidity measured by quick ratio was 2.5 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 731.75 | 414.19 | 267.71 | ||
Gross profit | 69.50 | -35.96 | 525.73 | 408.89 | 260.17 |
EBIT | 69.50 | -35.96 | 6.35 | 1.39 | -3.70 |
Net earnings | 49.16 | -25.63 | 3.72 | 0.28 | 1.63 |
Shareholders equity total | 167.61 | 146.36 | 152.15 | 152.37 | 154.00 |
Balance sheet total (assets) | 649.63 | 608.18 | 541.50 | 393.75 | 242.28 |
Net debt | -43.05 | -49.13 | -11.15 | 6.42 | -6.04 |
Profitability | |||||
EBIT-% | 0.9 % | 0.3 % | -1.4 % | ||
ROA | 11.5 % | -2.3 % | 1.1 % | 0.3 % | 0.7 % |
ROE | 34.4 % | -16.3 % | 2.5 % | 0.2 % | 1.1 % |
ROI | 43.8 % | -7.9 % | 3.8 % | 0.9 % | 1.2 % |
Economic value added (EVA) | 78.19 | -43.52 | 3.94 | -4.29 | -10.34 |
Solvency | |||||
Equity ratio | 25.8 % | 24.1 % | 28.1 % | 38.7 % | 63.6 % |
Gearing | 18.5 % | 20.1 % | 5.1 % | 4.4 % | 15.2 % |
Relative net indebtedness % | 50.6 % | 58.2 % | 22.0 % | ||
Liquidity | |||||
Quick ratio | 1.3 | 1.3 | 1.3 | 1.5 | 2.5 |
Current ratio | 1.3 | 1.3 | 1.3 | 1.5 | 2.5 |
Cash and cash equivalents | 74.11 | 78.49 | 18.95 | 0.32 | 29.46 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 227.6 | 311.6 | 231.7 | ||
Net working capital % | 18.1 % | 32.0 % | 50.1 % | ||
Credit risk | |||||
Credit rating | BBB | BB | BB | BB | BB |
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