BLAST ApS: Financial statements 2025
CVR: 38074466
Source: annual report 2025, Danish Business Authority
01/01/2025 – 31/12/2025
BLAST ApS (CVR 38074466) has filed annual accounts for 2025. In 2025, the company reported revenue of EUR 114,034,024 and a net result of EUR -7,711,888 compared with EUR -5,239,627 the year before. That is an increase of 39% compared with the year before. The profit margin was -6.8%. Equity in the 2025 report amounted to EUR 3,861,824. The solvency ratio was 7.1%. The company had 155 employees in the financial year.
- Revenue
- EUR 114,034,024
- Gross Profit
- EUR 30,022,802
- Profit/Loss
- EUR -7,711,888
- Equity
- EUR 3,861,824
- Total Assets
- EUR 54,105,638
- Employees
- 155
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2025 | 114 mio. EUR | 30 mio. EUR | -7.7 mio. EUR | 3.9 mio. EUR | 155 |
| 2024 | 82 mio. EUR | 16.7 mio. EUR | -5.2 mio. EUR | 11.5 mio. EUR | 59 |
| 2023 | 72.5 mio. EUR | 19.6 mio. EUR | -9.3 mio. EUR | 10 mio. EUR | 119 |
| 2022 | 31.6 mio. EUR | -648 t. EUR | 1.9 mio. EUR | 8.6 mio. EUR | 86 |
| 2021 | 50.2 mio. | -13.7 mio. | -92.8 mio. | 53.4 mio. | 23 |
Official annual report
How creditworthy is BLAST ApS?
See the CDS score and get a full credit report with recommended credit limit and payment terms.
Read about the CDS scoreEvents in 2025
As of November 6, 2025, Thomas David Greene has joined the board of directors of BLAST ApS.
As of November 6, 2025, Heartcore Capital Fund III K/S is registered as an owner of BLAST ApS with an ownership share of 5%.
As of November 6, 2025, Danmarks Eksport- og Investeringsfond is registered as an owner of BLAST ApS with an ownership share of 20%.
BLAST ApS has published its annual report for 2024. Revenue came to DKK 82,036,502, and the net result was DKK -5,239,627.
As of January 11, 2025, Simon Charles Brockman Andrews has joined the board of directors of BLAST ApS.
About BLAST ApS
BLAST ApS is a Danish company of the type Anpartsselskab based in København K, founded in 2016. The company is registered under the industry Sportsaktiviteter i.a.n.. The company was previously named RFRSH ApS and rfrsh ApS. The management consists of Robert Marc Douek. The board consists of René Efraim Rechtman (chair), David Frederick Nathanson, Ioris Francini and Jimmy Fussing Nielsen. The company's owners include KAPITALEN ApS, Heartcore Capital Fund III K/S and Vækstfonden Growth K/S. The company has 31 employees (2018). In 2025, the company reported revenue of EUR 114,034,024 and a net result of EUR -7,711,888 compared with EUR -5,239,627 the year before. Equity in the 2025 report amounted to EUR 3,861,824.