WITT INVEST ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About WITT INVEST ApS
WITT INVEST ApS (CVR number: 10000157K) is a company from HERNING. The company reported a net sales of 769.3 mDKK in 2024, demonstrating a growth of 11 % compared to the previous year. The operating profit percentage was at 3.3 % (EBIT: 25.4 mDKK), while net earnings were 18.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak and Return on Equity (ROE) was 3.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 76.5 %, 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 1.6 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 890.33 | 1 043.99 | 694.80 | 692.85 | 769.33 |
Gross profit | 189.86 | 234.47 | 117.02 | 115.94 | 144.11 |
EBIT | 113.64 | 145.60 | 27.80 | 13.51 | 25.44 |
Net earnings | 87.37 | 112.36 | 18.35 | 8.47 | 18.69 |
Shareholders equity total | 392.08 | 510.49 | 515.78 | 522.48 | 534.06 |
Balance sheet total (assets) | 579.79 | 740.55 | 686.66 | 677.93 | 706.80 |
Net debt | 14.29 | 31.04 | |||
Profitability | |||||
EBIT-% | 12.8 % | 13.9 % | 4.0 % | 1.9 % | 3.3 % |
ROA | 21.4 % | 22.1 % | 3.9 % | 2.2 % | 3.9 % |
ROE | 24.5 % | 24.9 % | 3.6 % | 1.6 % | 3.6 % |
ROI | 21.4 % | 22.1 % | 3.9 % | 2.3 % | 4.5 % |
Economic value added (EVA) | 97.56 | 125.90 | 2.15 | -16.37 | -10.34 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 77.2 % | 76.5 % |
Gearing | 8.6 % | 10.5 % | |||
Relative net indebtedness % | 15.1 % | 16.6 % | |||
Liquidity | |||||
Quick ratio | 1.5 | 1.6 | |||
Current ratio | 4.1 | 3.7 | |||
Cash and cash equivalents | 30.65 | 25.16 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 65.6 | 73.4 | |||
Net working capital % | 50.7 % | 46.8 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AAA | AAA |
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