Blok Engineering ApS — Credit Rating and Financial Key Figures

CVR number: 39071320
Øster Vejrupvej 10, Vejrup 6740 Bramming
jesper@blok-eng.dk
tel: 60597475

Company information

Official name
Blok Engineering ApS
Personnel
2 persons
Established
2017
Domicile
Vejrup
Company form
Private limited company
Industry

About Blok Engineering ApS

Blok Engineering ApS (CVR number: 39071320) is a company from ESBJERG. The company recorded a gross profit of 904.7 kDKK in 2023. The operating profit was 41.5 kDKK, while net earnings were 32.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.7 %, which can be considered good but Return on Equity (ROE) was 16.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 48.5 %, 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. Blok Engineering ApS's liquidity measured by quick ratio was 1.9 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 119.661 106.45907.00
Gross profit894.15939.07722.23810.00904.69
EBIT14.6289.3374.7820.1741.47
Net earnings13.8468.1455.6113.0532.23
Shareholders equity total104.60172.74228.35184.20216.43
Balance sheet total (assets)337.42543.16394.57412.31446.52
Net debt- 118.69- 448.97- 318.92- 252.83- 284.04
Profitability
EBIT-%1.3 %8.1 %8.2 %
ROA4.8 %20.3 %15.9 %5.0 %9.7 %
ROE14.2 %49.1 %27.7 %6.3 %16.1 %
ROI15.0 %64.4 %37.3 %9.8 %20.7 %
Economic value added (EVA)20.5270.3972.1419.8935.95
Solvency
Equity ratio31.0 %31.8 %57.9 %44.7 %48.5 %
Gearing
Relative net indebtedness %10.2 %-7.1 %-16.8 %
Liquidity
Quick ratio1.41.52.41.81.9
Current ratio1.41.52.41.81.9
Cash and cash equivalents118.69448.97318.92252.83284.04
Capital use efficiency
Trade debtors turnover (days)63.823.228.1
Net working capital %9.3 %15.6 %25.2 %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:9.66%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.5%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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