BLICHER DEVELOPMENT 3 ApS — Credit Rating and Financial Key Figures

CVR number: 40685812
Vestergade 64 C, 7400 Herning
tel: 23965466

Credit rating

Company information

Official name
BLICHER DEVELOPMENT 3 ApS
Established
2019
Company form
Private limited company
Industry

About BLICHER DEVELOPMENT 3 ApS

BLICHER DEVELOPMENT 3 ApS (CVR number: 40685812) is a company from HERNING. The company recorded a gross profit of 62.4 kDKK in 2024. The operating profit was 62.4 kDKK, while net earnings were 48.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.3 %, which can be considered weak and Return on Equity (ROE) was 2.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 63.1 %, 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. BLICHER DEVELOPMENT 3 ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit33.7647.5758.9359.7962.37
EBIT1 757.69232.5758.9359.7962.37
Net earnings1 370.23181.3145.9146.1048.42
Shareholders equity total1 410.231 591.541 637.461 683.561 731.98
Balance sheet total (assets)2 556.342 746.332 748.142 759.602 743.26
Net debt702.74700.85652.41631.10549.41
Profitability
EBIT-%
ROA68.8 %8.8 %2.1 %2.2 %2.3 %
ROE97.2 %12.1 %2.8 %2.8 %2.8 %
ROI69.0 %8.8 %2.2 %2.2 %2.3 %
Economic value added (EVA)1 370.57113.38-33.33-34.99-35.92
Solvency
Equity ratio55.2 %58.0 %59.6 %61.0 %63.1 %
Gearing53.8 %44.9 %40.8 %37.6 %32.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.10.10.1
Current ratio0.10.10.10.10.1
Cash and cash equivalents56.3413.5415.361.8118.18
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:2.27%
Rating: 31/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.1%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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