BLTN ApS — Credit Rating and Financial Key Figures

CVR number: 42965324
Mastruphøjvej 12, 8920 Randers NV
Free credit report Annual report

Credit rating

Company information

Official name
BLTN ApS
Established
2022
Company form
Private limited company
Industry

About BLTN ApS

BLTN ApS (CVR number: 42965324) is a company from RANDERS. The company recorded a gross profit of 134.1 kDKK in 2024. The operating profit was 99.2 kDKK, while net earnings were 0.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.5 %, which can be considered weak and Return on Equity (ROE) was 0 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 3.3 %, 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. BLTN ApS's liquidity measured by quick ratio was 88.9 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
2024
Volume
Net sales
Gross profit688.29467.72134.06
EBIT601.01409.5399.23
Net earnings330.76240.490.28
Shareholders equity total530.76771.25771.53
Balance sheet total (assets)23 025.7623 344.4123 386.78
Net debt- 839.82- 361.64-1 313.11
Profitability
EBIT-%
ROA2.6 %1.8 %0.5 %
ROE62.3 %36.9 %0.0 %
ROI113.5 %65.2 %14.6 %
Economic value added (EVA)457.74292.1160.47
Solvency
Equity ratio2.3 %3.3 %3.3 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio6.612.988.9
Current ratio6.612.988.9
Cash and cash equivalents839.82361.641 313.11
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:0.48%
Rating: 22/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:3.30%
Rating: 4/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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