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COLD BLASTING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About COLD BLASTING ApS
COLD BLASTING ApS (CVR number: 10032717) is a company from MIDDELFART. The company recorded a gross profit of -12.6 kDKK in 2024. The operating profit was -12.6 kDKK, while net earnings were -12.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -38.5 %, which can be considered poor and Return on Equity (ROE) was -76 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38.9 %, 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. COLD BLASTING ApS's liquidity measured by quick ratio was 1.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 12.62 | -56.15 | -26.48 | -7.47 | -12.61 |
| EBIT | 12.62 | -56.15 | -26.48 | -7.47 | -12.61 |
| Net earnings | 12.15 | -56.85 | -26.82 | -7.48 | -12.53 |
| Shareholders equity total | 113.89 | 57.05 | 30.23 | 22.75 | 10.22 |
| Balance sheet total (assets) | 139.54 | 73.07 | 46.25 | 38.77 | 26.25 |
| Net debt | - 137.54 | -65.40 | -44.67 | -38.51 | -26.25 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 9.8 % | -52.8 % | -44.4 % | -17.6 % | -38.5 % |
| ROE | 11.3 % | -66.5 % | -61.5 % | -28.2 % | -76.0 % |
| ROI | 11.7 % | -65.7 % | -60.7 % | -28.2 % | -76.0 % |
| Economic value added (EVA) | 7.51 | -61.87 | -29.34 | -8.99 | -13.75 |
| Solvency | |||||
| Equity ratio | 81.6 % | 78.1 % | 65.4 % | 58.7 % | 38.9 % |
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 5.4 | 4.6 | 2.9 | 2.4 | 1.6 |
| Current ratio | 5.4 | 4.6 | 2.9 | 2.4 | 1.6 |
| Cash and cash equivalents | 137.54 | 65.40 | 44.67 | 38.51 | 26.25 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BB |
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