BLAZAR ApS — Credit Rating and Financial Key Figures

BLAZAR ApS (CVR number: 29825246K) is a company from KØBENHAVN. The company reported a net sales of 150.8 mDKK in 2023, demonstrating a decline of -5.5 % compared to the previous year. The operating profit percentage was poor at -20.6 % (EBIT: -31.1 mDKK), while net earnings were -55.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was -39.5 %, which can be considered poor and Return on Equity (ROE) was -85.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37 %, 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. BLAZAR ApS's liquidity measured by quick ratio was 3 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.