Witrics A/S — Credit Rating and Financial Key Figures

CVR number: 40743251
Ny Adelgade 5, 1104 København K
info@witrics.dk
tel: 53675100
www.witrics.dk

Credit rating

Company information

Official name
Witrics A/S
Personnel
19 persons
Established
2019
Company form
Limited company
Industry

About Witrics A/S

Witrics A/S (CVR number: 40743251) is a company from KØBENHAVN. The company recorded a gross profit of 11.4 mDKK in 2023. The operating profit was 1696.5 kDKK, while net earnings were 1355.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.2 %, which can be considered excellent and Return on Equity (ROE) was 59.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 56.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Witrics A/S's liquidity measured by quick ratio was 3.4 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
2020
2021
2022
2023
Volume
Net sales
Gross profit3 595.916 265.029 168.5711 428.77
EBIT-33.01122.691 644.951 696.47
Net earnings-29.50125.281 282.301 355.24
Shareholders equity total510.50635.781 868.082 653.32
Balance sheet total (assets)2 289.746 405.765 701.167 078.49
Net debt- 836.33-1 272.66-1 003.03-2 089.40
Profitability
EBIT-%
ROA-1.4 %2.8 %27.6 %27.2 %
ROE-5.8 %21.9 %102.4 %59.9 %
ROI-4.6 %17.7 %130.4 %76.1 %
Economic value added (EVA)-26.74180.221 315.141 280.22
Solvency
Equity ratio22.3 %16.5 %49.3 %56.6 %
Gearing39.9 %5.1 %1.3 %0.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.22.03.03.4
Current ratio1.21.11.51.6
Cash and cash equivalents1 039.931 305.351 027.162 113.81
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:27.2%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.6%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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