WITT DENMARK A/S — Credit Rating and Financial Key Figures

WITT DENMARK A/S (CVR number: 20981075) is a company from HERNING. The company reported a net sales of 720.2 mDKK in 2024, demonstrating a growth of 14.8 % compared to the previous year. The operating profit percentage was at 2.9 % (EBIT: 20.8 mDKK), while net earnings were 18.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent and Return on Equity (ROE) was 5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 71.6 %, 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 DENMARK A/S's liquidity measured by quick ratio was 1.9 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.