WITT ApS — Credit Rating and Financial Key Figures

CVR number: 34602883
Færøvej 41, 2800 Kgs.Lyngby

Credit rating

Company information

Official name
WITT ApS
Personnel
1 person
Established
2012
Company form
Private limited company
Industry

About WITT ApS

WITT ApS (CVR number: 34602883) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 79.6 kDKK in 2023. The operating profit was 25.2 kDKK, while net earnings were 205 kDKK. The profitability of the company measured by Return on Assets (ROA) was 43.6 %, which can be considered excellent and Return on Equity (ROE) was 36.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 92.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. WITT ApS's liquidity measured by quick ratio was 8.3 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 sales
Gross profit2.19- 213.82-21.95136.2379.56
EBIT1.83383.16-22.17133.8025.24
Net earnings0.65380.29-25.50159.16205.03
Shareholders equity total21.66401.95346.45475.62650.65
Balance sheet total (assets)39.68448.21362.27512.51704.08
Net debt-5.05- 429.15- 357.14- 426.79- 400.50
Profitability
EBIT-%
ROA4.8 %157.1 %-5.5 %30.6 %43.6 %
ROE3.1 %179.5 %-6.8 %38.7 %36.4 %
ROI8.6 %180.9 %-5.9 %32.2 %46.6 %
Economic value added (EVA)1.69382.35-20.80165.6115.72
Solvency
Equity ratio54.6 %89.7 %95.6 %92.8 %92.4 %
Gearing1.5 %1.1 %1.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.29.722.913.98.3
Current ratio2.29.722.913.98.3
Cash and cash equivalents5.05429.15362.27431.92407.15
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBCCBBBBB

Variable visualization

ROA:43.6%
Rating: 91/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.4%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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