BLITEK A/S — Credit Rating and Financial Key Figures

CVR number: 25567358
Stenhuggervej 20, 5230 Odense M
info@blitek.dk
tel: 66159696

Credit rating

Company information

Official name
BLITEK A/S
Personnel
67 persons
Established
2000
Company form
Limited company
Industry

About BLITEK A/S

BLITEK A/S (CVR number: 25567358) is a company from ODENSE. The company recorded a gross profit of 14.9 mDKK in 2024. The operating profit was 4182.3 kDKK, while net earnings were 3065.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.5 %, which can be considered good but Return on Equity (ROE) was 32.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.5 %, 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. BLITEK A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit13 268.2310 676.1610 723.0513 669.8514 874.07
EBIT2 396.061 101.071 071.693 410.644 182.29
Net earnings1 727.42707.41672.732 526.703 065.90
Shareholders equity total7 946.757 354.166 726.898 953.5910 019.49
Balance sheet total (assets)25 956.4028 302.1329 963.7634 560.1332 827.18
Net debt-4 806.71- 466.18799.16- 721.98-2 895.47
Profitability
EBIT-%
ROA9.5 %3.9 %3.6 %10.8 %12.5 %
ROE22.3 %9.2 %9.6 %32.2 %32.3 %
ROI24.4 %11.1 %11.0 %32.1 %35.9 %
Economic value added (EVA)1 394.89344.19393.762 124.062 697.65
Solvency
Equity ratio30.6 %26.0 %22.5 %25.9 %30.5 %
Gearing0.0 %0.3 %35.7 %0.1 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.11.21.31.4
Current ratio1.51.41.51.61.8
Cash and cash equivalents4 806.74488.041 601.53733.322 901.87
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:12.5%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.5%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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