Witt Horses ApS

Witt Horses ApS (CVR number: 39683687) is a company from STRUER. The company recorded a gross profit of 446.6 kDKK in 2023. The operating profit was 215.8 kDKK, while net earnings were 146.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29.6 %, which can be considered excellent and Return on Equity (ROE) was 46.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 8.6 %, 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. Witt Horses ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.