BLAZAR ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 116.56 | 147.68 | 159.56 | ||
Gross profit | 116.56 | 147.68 | 7.03 | 9.02 | 15.98 |
EBIT | 116.56 | 147.68 | -31.57 | -39.21 | -24.64 |
Net earnings | -31.45 | -7.70 | -43.27 | -58.29 | -23.14 |
Shareholders equity total | -41.01 | 110.86 | 90.59 | 33.54 | 62.80 |
Balance sheet total (assets) | 77.11 | 158.26 | 145.44 | 102.93 | 81.06 |
Net debt | -55.27 | -11.52 | -14.82 | ||
Profitability | |||||
EBIT-% | 100.0 % | 100.0 % | -19.8 % | ||
ROA | 98.7 % | 106.9 % | -25.8 % | -40.4 % | -21.2 % |
ROE | 76.7 % | -22.1 % | -42.7 % | -88.6 % | -45.2 % |
ROI | 98.7 % | 106.9 % | -27.1 % | -53.0 % | -29.3 % |
Economic value added (EVA) | 116.56 | 149.74 | -37.27 | -47.01 | -29.52 |
Solvency | |||||
Equity ratio | 100.0 % | 62.3 % | 32.9 % | 77.5 % | |
Gearing | 11.5 % | 73.3 % | 16.3 % | ||
Relative net indebtedness % | -25.4 % | ||||
Liquidity | |||||
Quick ratio | 6.5 | 1.0 | 2.7 | ||
Current ratio | 9.2 | 1.3 | 3.0 | ||
Cash and cash equivalents | 65.69 | 36.09 | 25.03 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | 20.8 | ||||
Net working capital % | 62.0 % | ||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BBB |
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