Blixtz Holding ApS — Credit Rating and Financial Key Figures

CVR number: 75559828
Bellevuevej 10, 2930 Klampenborg

Company information

Official name
Blixtz Holding ApS
Established
1984
Company form
Private limited company
Industry

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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2017
2018
2019
2020
2021
Volume
Net sales297.52228.24128.84122.40129.44
Gross profit193.34117.0052.1354.7261.42
EBIT-20.53- 115.29-13.70-12.77-8.15
Net earnings-39.13- 107.4756.26-42.42-37.09
Shareholders equity total112.2630.68121.1584.5783.67
Balance sheet total (assets)619.95489.75529.91544.12376.26
Net debt-22.77-13.25-0.8328.07128.93
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 ratio18.1 %6.3 %22.9 %19.5 %22.2 %
Gearing34.3 %121.9 %31.3 %59.1 %181.9 %
Relative net indebtedness %150.0 %178.9 %287.2 %267.8 %208.1 %
Liquidity
Quick ratio0.90.40.31.00.8
Current ratio1.10.40.41.11.0
Cash and cash equivalents61.3250.6538.7621.8723.25
Capital use efficiency
Trade debtors turnover (days)35.924.034.47.75.6
Net working capital %3.3 %-90.3 %-139.4 %21.5 %-0.1 %
Credit risk
Credit ratingABBBAAA

Variable visualization

ROA:-0.97%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.2%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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