Blingedal & Olesen ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Blingedal & Olesen ApS
Blingedal & Olesen ApS (CVR number: 39898403) is a company from SKIVE. The company reported a net sales of 9.6 mDKK in 2024, demonstrating a growth of 21.8 % compared to the previous year. The operating profit percentage was at 10.2 % (EBIT: 1 mDKK), while net earnings were 739 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.2 %, which can be considered excellent and Return on Equity (ROE) was 39.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 71.5 %, 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. Blingedal & Olesen ApS's liquidity measured by quick ratio was 3.8 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 4 083.00 | 7 492.00 | 7 875.00 | 9 592.99 | |
Gross profit | 483.00 | 2 012.00 | 3 484.00 | 4 647.00 | 5 198.61 |
EBIT | 150.00 | 493.00 | 904.00 | 973.00 | 980.50 |
Net earnings | 114.00 | 382.00 | 595.00 | 669.00 | 738.97 |
Shareholders equity total | 136.00 | 433.00 | 885.00 | 1 555.00 | 2 171.80 |
Balance sheet total (assets) | 247.00 | 1 391.00 | 4 987.00 | 5 202.00 | 3 037.55 |
Net debt | -65.00 | - 376.00 | 1 273.00 | 1 819.00 | - 452.92 |
Profitability | |||||
EBIT-% | 12.1 % | 12.1 % | 12.4 % | 10.2 % | |
ROA | 54.7 % | 60.2 % | 27.6 % | 19.6 % | 25.2 % |
ROE | 144.3 % | 134.3 % | 90.3 % | 54.8 % | 39.7 % |
ROI | 76.9 % | 165.4 % | 52.4 % | 29.3 % | 33.8 % |
Economic value added (EVA) | 116.62 | 381.17 | 701.97 | 745.47 | 708.82 |
Solvency | |||||
Equity ratio | 55.1 % | 31.1 % | 17.7 % | 29.9 % | 71.5 % |
Gearing | 5.9 % | 0.9 % | 229.0 % | 146.2 % | 0.1 % |
Relative net indebtedness % | 14.0 % | 44.7 % | 39.8 % | 3.4 % | |
Liquidity | |||||
Quick ratio | 1.6 | 0.9 | 0.7 | 0.8 | 3.8 |
Current ratio | 1.6 | 1.4 | 1.2 | 1.4 | 3.8 |
Cash and cash equivalents | 73.00 | 380.00 | 754.00 | 455.00 | 455.40 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 24.2 | 57.6 | 7.8 | ||
Net working capital % | 8.5 % | 11.0 % | 17.8 % | 22.2 % | |
Credit risk | |||||
Credit rating | BB | BB | BBB | A | BBB |
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