BLIKSMEDEN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BLIKSMEDEN ApS
BLIKSMEDEN ApS (CVR number: 28318006) is a company from SKANDERBORG. The company reported a net sales of 0.2 mDKK in 2019, demonstrating a decline of -38.5 % compared to the previous year. The operating profit percentage was at 21.7 % (EBIT: 0.1 mDKK), while net earnings were 40.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.8 %, which can be considered good and Return on Equity (ROE) was 11.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 75.8 %, 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. BLIKSMEDEN ApS's liquidity measured by quick ratio was 4.1 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|
Volume | ||||
Net sales | 59.36 | 361.78 | 383.66 | 236.09 |
Gross profit | -39.93 | 224.76 | 246.77 | 96.39 |
EBIT | -70.40 | 175.99 | 213.74 | 51.21 |
Net earnings | -61.29 | 136.29 | 166.71 | 40.44 |
Shareholders equity total | 175.30 | 311.59 | 372.49 | 304.93 |
Balance sheet total (assets) | 445.51 | 441.93 | 433.16 | 402.20 |
Net debt | - 211.47 | - 272.26 | - 148.84 | - 320.96 |
Profitability | ||||
EBIT-% | -118.6 % | 48.6 % | 55.7 % | 21.7 % |
ROA | -15.8 % | 39.7 % | 48.9 % | 12.8 % |
ROE | -35.0 % | 56.0 % | 48.7 % | 11.9 % |
ROI | -34.1 % | 65.4 % | 60.5 % | 15.5 % |
Economic value added (EVA) | -61.28 | 140.63 | 165.59 | 27.75 |
Solvency | ||||
Equity ratio | 39.3 % | 70.5 % | 86.0 % | 75.8 % |
Gearing | 17.8 % | 6.5 % | 0.9 % | 2.7 % |
Relative net indebtedness % | 46.5 % | -44.8 % | -23.9 % | -98.3 % |
Liquidity | ||||
Quick ratio | 1.5 | 3.1 | 6.6 | 4.1 |
Current ratio | 1.6 | 3.4 | 7.1 | 4.1 |
Cash and cash equivalents | 242.59 | 292.41 | 152.21 | 329.33 |
Capital use efficiency | ||||
Trade debtors turnover (days) | 134.6 | 6.4 | 170.6 | 15.7 |
Net working capital % | 288.1 % | 85.8 % | 97.1 % | 129.2 % |
Credit risk | ||||
Credit rating | BB | BBB | BBB | BBB |
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