BLICHER DEVELOPMENT ApS — Credit Rating and Financial Key Figures

BLICHER DEVELOPMENT ApS (CVR number: 38457934) is a company from HERNING. The company recorded a gross profit of 1711.4 kDKK in 2024. The operating profit was 2211.4 kDKK, while net earnings were 801 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.8 %, which can be considered decent and Return on Equity (ROE) was 4.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 37.2 %, 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. BLICHER DEVELOPMENT ApS's liquidity measured by quick ratio was 4.8 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.