COLD BLASTING ApS — Credit Rating and Financial Key Figures

CVR number: 10032717
Chr Dannings Vej 79, Strib 5500 Middelfart
slj@coldblasting.com
tel: 30429592

Company information

Official name
COLD BLASTING ApS
Established
2000
Domicile
Strib
Company form
Private limited company
Industry

About COLD BLASTING ApS

COLD BLASTING ApS (CVR number: 10032717) is a company from MIDDELFART. The company recorded a gross profit of -7.5 kDKK in 2023. The operating profit was -7.5 kDKK, while net earnings were -7.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17.6 %, which can be considered poor and Return on Equity (ROE) was -28.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 58.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. COLD BLASTING ApS's liquidity measured by quick ratio was 2.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-74.1212.62-56.15-26.48-7.47
EBIT-74.1212.62-56.15-26.48-7.47
Net earnings-74.1112.15-56.85-26.82-7.48
Shareholders equity total101.74113.8957.0530.2322.75
Balance sheet total (assets)117.76139.5473.0746.2538.77
Net debt-62.49- 137.54-65.40-44.67-38.51
Profitability
EBIT-%
ROA-47.9 %9.8 %-52.8 %-44.4 %-17.6 %
ROE-53.4 %11.3 %-66.5 %-61.5 %-28.2 %
ROI-53.4 %11.7 %-65.7 %-60.7 %-28.2 %
Economic value added (EVA)-73.8710.65-54.96-26.06-6.75
Solvency
Equity ratio86.4 %81.6 %78.1 %65.4 %58.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio7.35.44.62.92.4
Current ratio7.35.44.62.92.4
Cash and cash equivalents62.49137.5465.4044.6738.51
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-17.6%
Rating: 2/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.7%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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