WIT ApS — Credit Rating and Financial Key Figures

CVR number: 33647883
Winthersmøllevej 1, 7700 Thisted

Company information

Official name
WIT ApS
Established
2011
Company form
Private limited company
Industry

About WIT ApS

WIT ApS (CVR number: 33647883) is a company from THISTED. The company recorded a gross profit of 102.3 kDKK in 2024. The operating profit was 80.4 kDKK, while net earnings were 48.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.9 %, which can be considered decent but Return on Equity (ROE) was 9.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 46.3 %, 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. WIT ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales120.00
Gross profit107.4084.82100.3799.61102.35
EBIT85.4062.8378.3777.6280.35
Net earnings39.4824.0041.0444.0648.12
Shareholders equity total517.86401.34442.38486.44534.56
Balance sheet total (assets)1 237.631 197.021 205.751 169.421 155.50
Net debt487.85447.68425.67351.10285.14
Profitability
EBIT-%71.2 %
ROA6.8 %5.2 %6.5 %6.5 %6.9 %
ROE7.7 %5.2 %9.7 %9.5 %9.4 %
ROI7.0 %5.4 %6.8 %6.7 %7.1 %
Economic value added (EVA)10.86-6.7820.6821.1923.50
Solvency
Equity ratio42.2 %33.8 %36.7 %41.6 %46.3 %
Gearing104.3 %119.9 %107.9 %82.4 %64.2 %
Relative net indebtedness %435.2 %
Liquidity
Quick ratio0.80.40.50.50.7
Current ratio0.70.30.50.50.7
Cash and cash equivalents52.0533.4451.6549.8257.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-19.8 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:6.92%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:46.3%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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