J&H WITZKE ApS — Credit Rating and Financial Key Figures

CVR number: 21559946
Kystvej 16 B, 3050 Humlebæk
info@witzkedesign.dk
tel: 88341919
witzkedesign.dk

Credit rating

Company information

Official name
J&H WITZKE ApS
Personnel
2 persons
Established
1999
Company form
Private limited company
Industry
  • Expand more icon475510

About J&H WITZKE ApS

J&H WITZKE ApS (CVR number: 21559946) is a company from FREDENSBORG. The company recorded a gross profit of 163.2 kDKK in 2023. The operating profit was -525 kDKK, while net earnings were 275.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak and Return on Equity (ROE) was 3.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 74.7 %, 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. J&H WITZKE ApS's liquidity measured by quick ratio was 18.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales3 538.873 456.35
Gross profit1 160.931 697.491 476.44421.00163.20
EBIT- 293.58-33.95-1 936.79744.00- 525.00
Net earnings- 288.09585.87- 590.58892.00275.85
Shareholders equity total7 473.368 059.237 468.658 361.008 636.37
Balance sheet total (assets)9 363.2011 275.2610 468.3311 260.0011 553.86
Net debt-3 512.59-4 672.95-3 687.91-3 625.00-4 256.81
Profitability
EBIT-%-1.0 %-56.0 %
ROA-1.9 %7.9 %-17.7 %10.7 %3.4 %
ROE-3.8 %7.5 %-7.6 %11.3 %3.2 %
ROI-2.0 %8.3 %-18.7 %11.1 %3.5 %
Economic value added (EVA)- 422.10- 224.64-1 681.65389.62- 627.17
Solvency
Equity ratio79.8 %71.5 %71.3 %74.3 %74.7 %
Gearing20.3 %31.2 %33.6 %30.1 %29.1 %
Relative net indebtedness %-112.2 %-92.6 %
Liquidity
Quick ratio14.610.513.116.618.2
Current ratio16.211.414.418.119.4
Cash and cash equivalents5 030.597 185.956 200.916 138.006 769.81
Capital use efficiency
Trade debtors turnover (days)4.016.0
Net working capital %53.2 %46.9 %
Credit risk
Credit ratingAAABBBAA

Variable visualization

ROA:3.43%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.7%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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