BLAZAR ApS — Credit Rating and Financial Key Figures

CVR number: 29825246
Øster Allé 48, 2100 København Ø

Credit rating

Company information

Official name
BLAZAR ApS
Personnel
7 persons
Established
2006
Company form
Private limited company
Industry

About BLAZAR ApS

BLAZAR ApS (CVR number: 29825246K) is a company from KØBENHAVN. The company recorded a gross profit of 16 mDKK in 2024. The operating profit was -24.6 mDKK, while net earnings were -23.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was -21.2 %, which can be considered poor and Return on Equity (ROE) was -45.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 77.5 %, 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. BLAZAR ApS's liquidity measured by quick ratio was 2.7 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales116.56147.68159.56
Gross profit116.56147.687.039.0215.98
EBIT116.56147.68-31.57-39.21-24.64
Net earnings-31.45-7.70-43.27-58.29-23.14
Shareholders equity total-41.01110.8690.5933.5462.80
Balance sheet total (assets)77.11158.26145.44102.9381.06
Net debt-55.27-11.52-14.82
Profitability
EBIT-%100.0 %100.0 %-19.8 %
ROA98.7 %106.9 %-25.8 %-40.4 %-21.2 %
ROE76.7 %-22.1 %-42.7 %-88.6 %-45.2 %
ROI98.7 %106.9 %-27.1 %-53.0 %-29.3 %
Economic value added (EVA)116.56149.74-37.27-47.01-29.52
Solvency
Equity ratio100.0 %62.3 %32.9 %77.5 %
Gearing11.5 %73.3 %16.3 %
Relative net indebtedness %-25.4 %
Liquidity
Quick ratio6.51.02.7
Current ratio9.21.33.0
Cash and cash equivalents65.6936.0925.03
Capital use efficiency
Trade debtors turnover (days)20.8
Net working capital %62.0 %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-21.2%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.5%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

Companies in the same industry

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