BLITE A/S — Credit Rating and Financial Key Figures

CVR number: 34585075
Industrivej 8, 7120 Vejle Øst
tel: 75367575
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Company information

Official name
BLITE A/S
Personnel
18 persons
Established
2012
Company form
Limited company
Industry

About BLITE A/S

BLITE A/S (CVR number: 34585075) is a company from VEJLE. The company recorded a gross profit of 11.7 mDKK in 2024. The operating profit was 1830.2 kDKK, while net earnings were 850.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.6 %, which can be considered good but Return on Equity (ROE) was 57.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 5.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. BLITE A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit11 659.138 776.929 567.6111 147.3211 697.91
EBIT1 799.02642.561 204.191 314.111 830.24
Net earnings1 916.87102.757 295.32726.74850.26
Shareholders equity total-11 757.76-11 655.02333.601 060.341 910.59
Balance sheet total (assets)8 279.4311 798.9919 097.5128 231.4234 829.19
Net debt12 195.3913 667.305 203.151 814.76673.69
Profitability
EBIT-%
ROA9.4 %3.2 %38.7 %6.5 %8.6 %
ROE23.6 %1.0 %120.3 %104.3 %57.2 %
ROI15.9 %5.4 %85.7 %36.5 %84.4 %
Economic value added (EVA)1 344.37620.571 043.51745.281 132.03
Solvency
Equity ratio-58.7 %-49.7 %1.7 %3.8 %5.5 %
Gearing-103.7 %-117.3 %1559.7 %171.1 %68.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.30.40.60.7
Current ratio0.60.60.81.21.2
Cash and cash equivalents0.07636.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:8.64%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:5.49%
Rating: 6/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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