Blitzet ApS — Credit Rating and Financial Key Figures

CVR number: 41820632
Gl.Torv 2, 4200 Slagelse
hkil@blitzet.dk
tel: 60691098
www.kontorgaarden.dk
Free credit report Annual report

Company information

Official name
Blitzet ApS
Established
2020
Company form
Private limited company
Industry

About Blitzet ApS

Blitzet ApS (CVR number: 41820632) is a company from SLAGELSE. The company recorded a gross profit of 73.7 kDKK in 2024. The operating profit was 73.7 kDKK, while net earnings were 40.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.3 %, which can be considered good but Return on Equity (ROE) was 31.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Blitzet ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
Volume
Net sales
Gross profit11.8267.589.9873.73
EBIT11.8267.589.9873.73
Net earnings9.1851.906.0440.43
Shareholders equity total49.18101.07107.11147.54
Balance sheet total (assets)103.09193.70395.70728.42
Net debt23.259.98209.85290.72
Profitability
EBIT-%
ROA11.5 %45.5 %3.4 %13.3 %
ROE18.7 %69.1 %5.8 %31.8 %
ROI15.7 %61.2 %3.7 %14.4 %
Economic value added (EVA)9.2348.750.0336.92
Solvency
Equity ratio47.7 %52.2 %27.1 %20.3 %
Gearing53.6 %43.8 %262.7 %341.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.92.10.30.4
Current ratio1.92.11.41.3
Cash and cash equivalents3.0934.3271.55213.77
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:13.3%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:20.3%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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