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BLICHER DEVELOPMENT ApS — Credit Rating and Financial Key Figures

CVR number: 38457934
Vestergade 64 C, 7400 Herning
jesper@blicheras.dk
tel: 23965466

Company information

Official name
BLICHER DEVELOPMENT ApS
Established
2017
Company form
Private limited company
Industry

About BLICHER DEVELOPMENT ApS

BLICHER DEVELOPMENT ApS (CVR number: 38457934) is a company from HERNING. The company recorded a gross profit of 1775.2 kDKK in 2025. The operating profit was 2675.2 kDKK, while net earnings were 1468.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.6 %, which can be considered decent but Return on Equity (ROE) was 8.1 %, which can be considered good. 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. BLICHER DEVELOPMENT ApS's liquidity measured by quick ratio was 4.3 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit1 796.471 604.111 699.241 711.381 775.16
EBIT3 446.471 604.11199.242 211.382 675.16
Net earnings2 485.101 063.48- 553.42801.001 468.72
Shareholders equity total16 042.3517 105.8216 552.4017 353.4018 822.12
Balance sheet total (assets)46 506.8647 595.2545 989.8546 669.7648 353.91
Net debt25 917.7426 129.8125 484.1925 316.2125 110.97
Profitability
EBIT-%
ROA7.6 %3.4 %0.4 %4.8 %5.6 %
ROE16.8 %6.4 %-3.3 %4.7 %8.1 %
ROI7.8 %3.5 %0.4 %4.8 %5.7 %
Economic value added (EVA)677.97- 864.73-2 196.66- 552.74- 226.72
Solvency
Equity ratio34.5 %36.0 %36.0 %37.2 %38.9 %
Gearing162.5 %152.8 %154.0 %145.9 %133.4 %
Relative net indebtedness %
Liquidity
Quick ratio3.13.64.74.84.3
Current ratio3.13.64.64.74.3
Cash and cash equivalents148.09
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:5.63%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.9%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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