Blixtz Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Blixtz Holding ApS
Blixtz Holding ApS (CVR number: 75559828K) is a company from GENTOFTE. The company reported a net sales of 129.4 mDKK in 2021, demonstrating a growth of 5.7 % compared to the previous year. The operating profit percentage was poor at -6.3 % (EBIT: -8.2 mDKK), while net earnings were -37.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was -1 %, which can be considered poor and Return on Equity (ROE) was -52.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 22.2 %, 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. Blixtz Holding ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 297.52 | 228.24 | 128.84 | 122.40 | 129.44 |
Gross profit | 193.34 | 117.00 | 52.13 | 54.72 | 61.42 |
EBIT | -20.53 | - 115.29 | -13.70 | -12.77 | -8.15 |
Net earnings | -39.13 | - 107.47 | 56.26 | -42.42 | -37.09 |
Shareholders equity total | 112.26 | 30.68 | 121.15 | 84.57 | 83.67 |
Balance sheet total (assets) | 619.95 | 489.75 | 529.91 | 544.12 | 376.26 |
Net debt | -22.77 | -13.25 | -0.83 | 28.07 | 128.93 |
Profitability | |||||
EBIT-% | -6.9 % | -50.5 % | -10.6 % | -10.4 % | -6.3 % |
ROA | -1.8 % | -19.0 % | 13.2 % | -1.8 % | -1.0 % |
ROE | -40.4 % | -205.6 % | 96.2 % | -51.9 % | -52.7 % |
ROI | -2.8 % | -42.0 % | 44.5 % | -4.3 % | -1.8 % |
Economic value added (EVA) | -28.33 | - 100.31 | -16.21 | -16.18 | -7.20 |
Solvency | |||||
Equity ratio | 18.1 % | 6.3 % | 22.9 % | 19.5 % | 22.2 % |
Gearing | 34.3 % | 121.9 % | 31.3 % | 59.1 % | 181.9 % |
Relative net indebtedness % | 150.0 % | 178.9 % | 287.2 % | 267.8 % | 208.1 % |
Liquidity | |||||
Quick ratio | 0.9 | 0.4 | 0.3 | 1.0 | 0.8 |
Current ratio | 1.1 | 0.4 | 0.4 | 1.1 | 1.0 |
Cash and cash equivalents | 61.32 | 50.65 | 38.76 | 21.87 | 23.25 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 35.9 | 24.0 | 34.4 | 7.7 | 5.6 |
Net working capital % | 3.3 % | -90.3 % | -139.4 % | 21.5 % | -0.1 % |
Credit risk | |||||
Credit rating | A | BBB | A | A | A |
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