J&H WITZKE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 3 538.87 | 3 456.35 | |||
Gross profit | 1 160.93 | 1 697.49 | 1 476.44 | 421.00 | 163.20 |
EBIT | - 293.58 | -33.95 | -1 936.79 | 744.00 | - 525.00 |
Net earnings | - 288.09 | 585.87 | - 590.58 | 892.00 | 275.85 |
Shareholders equity total | 7 473.36 | 8 059.23 | 7 468.65 | 8 361.00 | 8 636.37 |
Balance sheet total (assets) | 9 363.20 | 11 275.26 | 10 468.33 | 11 260.00 | 11 553.86 |
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 | -1 681.65 | 389.62 | - 627.17 |
Solvency | |||||
Equity ratio | 79.8 % | 71.5 % | 71.3 % | 74.3 % | 74.7 % |
Gearing | 20.3 % | 31.2 % | 33.6 % | 30.1 % | 29.1 % |
Relative net indebtedness % | -112.2 % | -92.6 % | |||
Liquidity | |||||
Quick ratio | 14.6 | 10.5 | 13.1 | 16.6 | 18.2 |
Current ratio | 16.2 | 11.4 | 14.4 | 18.1 | 19.4 |
Cash and cash equivalents | 5 030.59 | 7 185.95 | 6 200.91 | 6 138.00 | 6 769.81 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 4.0 | 16.0 | |||
Net working capital % | 53.2 % | 46.9 % | |||
Credit risk | |||||
Credit rating | A | AA | BBB | A | A |
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