Witt Kig Herning ApS — Credit Rating and Financial Key Figures

CVR number: 41237244
Gødstrup Søvej 9, Gødstrup 7400 Herning

Company information

Official name
Witt Kig Herning ApS
Established
2020
Domicile
Gødstrup
Company form
Private limited company
Industry

About Witt Kig Herning ApS

Witt Kig Herning ApS (CVR number: 41237244) is a company from HERNING. The company recorded a gross profit of -11 kDKK in 2023. The operating profit was -11 kDKK, while net earnings were 557.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent and Return on Equity (ROE) was 4.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Witt Kig Herning ApS's liquidity measured by quick ratio was 65.3 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 profit144.52-26.27-17.75-10.75-11.00
EBIT144.52-26.27-17.75-10.75-11.00
Net earnings415.32368.35353.56123.20557.74
Shareholders equity total11 373.1611 741.5112 095.0612 218.2612 776.00
Balance sheet total (assets)13 179.1313 357.0312 764.7012 929.1112 842.71
Net debt-4 951.90911.45-1 111.65-1 115.87-3 804.34
Profitability
EBIT-%
ROA3.5 %3.1 %2.9 %1.4 %4.6 %
ROE3.7 %3.2 %3.0 %1.0 %4.5 %
ROI3.9 %3.3 %2.9 %1.4 %4.6 %
Economic value added (EVA)110.9925.22- 197.85- 123.13- 123.07
Solvency
Equity ratio86.3 %87.9 %94.8 %94.5 %99.5 %
Gearing5.5 %13.5 %5.4 %5.6 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio3.23.46.96.665.3
Current ratio3.23.46.96.665.3
Cash and cash equivalents5 582.10670.161 761.631 794.653 825.66
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:4.60%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.5%
Rating: 92/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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