WITT INVEST ApS — Credit Rating and Financial Key Figures

WITT INVEST ApS (CVR number: 10000157K) is a company from HERNING. The company reported a net sales of 692.8 mDKK in 2023, demonstrating a decline of -0.3 % compared to the previous year. The operating profit percentage was at 1.9 % (EBIT: 13.5 mDKK), while net earnings were 8473 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.2 %, which can be considered weak and Return on Equity (ROE) was 1.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 77.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. WITT INVEST ApS's liquidity measured by quick ratio was 1.5 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.