Blangstedgård Køreskole IVS — Credit Rating and Financial Key Figures

Blangstedgård Køreskole IVS (CVR number: 37126128) is a company from ODENSE. The company reported a net sales of 0.5 mDKK in 2018, demonstrating a decline of -8.9 % compared to the previous year. The operating profit percentage was at 14.9 % (EBIT: 0.1 mDKK), while net earnings were 59.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.1 %, which can be considered excellent and Return on Equity (ROE) was 45.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33.4 %, 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. Blangstedgård Køreskole IVS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.