BLOCK DANMARK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BLOCK DANMARK ApS
BLOCK DANMARK ApS (CVR number: 26001447) is a company from GLADSAXE. The company recorded a gross profit of 1080.3 kDKK in 2023. The operating profit was -78.4 kDKK, while net earnings were -83.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.6 %, which can be considered poor and Return on Equity (ROE) was -24.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 43.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. BLOCK DANMARK ApS's liquidity measured by quick ratio was 1.8 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 168.86 | 881.04 | 1 057.48 | 1 052.50 | 1 080.26 |
EBIT | - 303.32 | 33.78 | 73.86 | 37.45 | -78.37 |
Net earnings | - 305.55 | 32.65 | 69.88 | 33.70 | -83.12 |
Shareholders equity total | 238.68 | 271.33 | 341.20 | 374.90 | 291.78 |
Balance sheet total (assets) | 531.11 | 569.34 | 602.46 | 477.98 | 676.95 |
Net debt | - 283.43 | - 450.09 | - 422.94 | - 413.58 | - 586.48 |
Profitability | |||||
EBIT-% | |||||
ROA | -48.0 % | 6.1 % | 12.6 % | 6.9 % | -13.6 % |
ROE | -78.1 % | 12.8 % | 22.8 % | 9.4 % | -24.9 % |
ROI | -59.0 % | 8.2 % | 21.6 % | 10.5 % | -23.5 % |
Economic value added (EVA) | - 303.78 | 47.92 | 82.85 | 41.55 | -76.43 |
Solvency | |||||
Equity ratio | 44.9 % | 47.7 % | 56.6 % | 78.4 % | 43.1 % |
Gearing | 99.2 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.9 | 2.5 | 2.3 | 4.6 | 1.8 |
Current ratio | 1.9 | 2.5 | 2.3 | 4.6 | 1.8 |
Cash and cash equivalents | 520.12 | 450.09 | 422.94 | 413.58 | 586.48 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | BB | BB | BB |
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