Blaaholm A/S
A/SDissolvedCVR 41664320Engdraget 20, 6800 VardeManufacture of metal structures and parts of structures· NACE 2511Est. 2020 · 6 years old7 employees
Loading company…
Overview
Blaaholm A/S is a Danish A/S based in Varde, operating in the Manufacture of metal structures and parts of structures sector. Incorporated in 2020, the company has 7 employees and reported revenue of DKK 37.1m in its latest annual filing.
Revenue 2021
37.1M DKK
+1608% vs 2020
EBITDA margin
−3.5 %
−460% vs 2020
Net profit 2021
-2.1M DKK
-1697% vs 2020
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
20.7 %
WeakAmong the 30% lowest rated companies in the industry
20202021
Liquidity ratioCurrent assets ÷ Short-term debt
0.9×
WeakAmong the 30% lowest rated companies in the industry
20202021
Return on assets (ROA)Net profit ÷ Total assets × 100
-14.1 %
WeakAmong the 30% lowest rated companies in the industry
20202021
EBITDA — year on year
DKK thousandsKey figures
Annual report 2021| Revenue | 37.1M DKK | +1608% |
| EBITDA | -1.3M DKK | -460% |
| Net profit | -2.1M DKK | -1697% |
| Total assets | 14.7M DKK | +12% |
| Equity | 3.1M DKK | -41% |
| Employees | 7 | — |
Company information
Legal name
Blaaholm A/S
CVR number
41664320
Legal form
Aktieselskab
NACE code
Founded
10 September 2020 · 6 years
Share capital
DKK 600,000
Employees
7 (FTE)
VAT registered
No
Audit selected
No
Last report
2021-10-31
Financial year
January – December
Signatory rights
Selskabet tegnes af en direktør i forening med et bestyrelsesmedlem eller af den samlede bestyrelse
Address
Engdraget 20, 6800 Varde
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
Financial development
In its most recent annual report (2021), Blaaholm A/S reported revenue of DKK 37.1m, an increase of 1608% on the year before. The figures on this page draw on 2 annual filings covering 2020 to 2021. The bottom line showed a net loss of DKK 2.1m, and the EBITDA margin stood at -3.5%.
At the end of 2021, equity financed 20.7% of the balance sheet, and current assets covered short-term debt 0.9 times.
Financials
Revenue
DKK millionsEBITDA
DKK thousandsIncome statement
DKK thousands| Item | 2021 | 2020 |
|---|---|---|
| Revenue | 37,138 | 2,174 |
| Staff expenses | -5,718 | -921 |
| EBITDA | -1,317 | 366 |
| Depreciation & amort. | -1,180 | -197 |
| EBIT | -2,497 | 170 |
| Net financials | -169 | -3 |
| Profit before tax | -2,666 | 167 |
| Tax | -586 | 37 |
| Net profit | -2,080 | 130 |
Balance sheet
DKK thousands| Item | 2021 | 2020 |
|---|---|---|
| Total assets | 14,747 | 13,110 |
| Equity | 3,050 | 5,130 |
| Long-term debt | 0 | 0 |
| Short-term debt | 11,523 | 7,838 |
| Total debt | 11,523 | 7,838 |
Financial ratios
5-year trendEBITDA margin
-3.5 %
20202021
Equity ratio
20.7 %
WeakAmong the 30% lowest rated companies in the industry
20202021
Return on equity
-68.2 %
Very weakAmong the 10% lowest rated companies in the industry
20202021
Net profit margin
-5.6 %
WeakAmong the 30% lowest rated companies in the industry
20202021
Asset turnover
2.52×
Very strongAmong the 20% highest rated companies in the industry
20202021
Debt / equity
3.83×
Very weakAmong the 20% lowest rated companies in the industry
20202021
Sector performance
28 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginWeak
Among the 30% lowest rated companies in the industry
The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.
Operating marginVery weak
Among the 20% lowest rated companies in the industry
EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.
Net profit marginWeak
Among the 30% lowest rated companies in the industry
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Return on equity (ROE)Very weak
Among the 10% lowest rated companies in the industry
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on assets (ROA)Weak
Among the 30% lowest rated companies in the industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Return on net assets (RONA)Very weak
Among the 10% lowest rated companies in the industry
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Basic earning power (BEP)Very weak
Among the 20% lowest rated companies in the industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioVery weak
Among the 20% lowest rated companies in the industry
Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.
Liquidity
Current ratioWeak
Among the 30% lowest rated companies in the industry
Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.
Quick ratioWeak
Among the 40% lowest rated companies in the industry
Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.
Cash ratioWeak
Among the 30% lowest rated companies in the industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Current assets to equityVery weak
Among the 20% lowest rated companies in the industry
Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.
Fixed assets to long-term capitalVery weak
Among the 10% lowest rated companies in the industry
Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.
Cash conversion ratioVery weak
Among the 20% lowest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioWeak
Among the 30% lowest rated companies in the industry
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Debt ratioWeak
Among the 30% lowest rated companies in the industry
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Debt to equityVery weak
Among the 20% lowest rated companies in the industry
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityVery weak
Among the 20% lowest rated companies in the industry
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Income to debtVery weak
Among the 20% lowest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtWeak
Among the 30% lowest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageVery weak
Among the 20% lowest rated companies in the industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtAverage
Around the average of companies in the same industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginVery weak
Among the 20% lowest rated companies in the industry
The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.
Efficiency & development
Asset turnoverVery strong
Among the 20% highest rated companies in the industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Inventory turnoverVery weak
Among the 10% lowest rated companies in the industry
Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.
Equity to contributed capitalAverage
Around the average of companies in the same industry
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
One-year change in equityVery weak
Among the 20% lowest rated companies in the industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtVery weak
Among the 20% lowest rated companies in the industry
The size of this year's increase or decrease in the company's debt.
Annual reports & filings
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|
Former (2)
LJ Chief Executive Officer | Chief Executive Officer | 2020 – 2020 |
TB Chief Executive Officer | Chief Executive Officer | 2020 – 2022 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|
Former (5)
LF Chairman | Chairman | 2020 – 2020 |
SF Chairman | Chairman | 2020 – 2022 |
FV Board of Directors | Board of Directors | 2020 – 2022 |
LJ Board of Directors | Board of Directors | 2020 – 2022 |
CM Board of Directors | Board of Directors | 2020 – 2020 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 25–33.32% | 25–33.32% | 2021 | |
| Company | 66.67–89.99% | 66.67–89.99% | 2021 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Related companies
Company hierarchy
TB Holding 2020 ApS
Blaaholm A/S Board network connections
Board members of Blaaholm A/S also hold positions in 67 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Christian Møller Christensen | Board of Directors | 33 companiesMany roles |
| Lars Jensen | Chief Executive Officer | 15 companiesMany roles |
| Frank Virenfeldt Nielsen | Board of Directors | 10 companiesMany roles |
| Søren Friis Knudsen | Chairman | 7 companiesMany roles |
| Torben Blåholm | Chief Executive Officer | 2 companies |
Frequently asked questions
What is the CVR number of Blaaholm A/S?
Blaaholm A/S is registered with CVR / Virk under CVR 41664320.
What is the revenue of Blaaholm A/S?
Blaaholm A/S reported revenue of DKK 37.1m in 2021.
How many employees does Blaaholm A/S have?
Blaaholm A/S employs 7 people as of the latest annual report.
Where is Blaaholm A/S headquartered?
Blaaholm A/S's registered address is Engdraget 20.