ERIK WITT HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 31784395
Carl Plougs Vej 2, 6400 Sønderborg
witt@bbsyd.dk
tel: 21935761

Credit rating

Company information

Official name
ERIK WITT HOLDING ApS
Established
2008
Company form
Private limited company
Industry

About ERIK WITT HOLDING ApS

ERIK WITT HOLDING ApS (CVR number: 31784395) is a company from SØNDERBORG. The company recorded a gross profit of -46.1 kDKK in 2023. The operating profit was -46.1 kDKK, while net earnings were 3099.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 73.1 %, which can be considered excellent and Return on Equity (ROE) was 74 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 98.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ERIK WITT HOLDING ApS's liquidity measured by quick ratio was 8.6 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 profit-11.07-11.38-18.00-39.00-46.13
EBIT-11.07-11.38-18.00-39.00-46.13
Net earnings2 237.741 820.192 671.564 003.243 099.29
Shareholders equity total3 945.555 465.744 137.304 140.534 239.82
Balance sheet total (assets)3 994.835 515.024 186.574 192.814 295.10
Net debt- 173.82-1 694.01- 365.57- 371.80- 474.09
Profitability
EBIT-%
ROA51.2 %38.4 %55.3 %95.7 %73.1 %
ROE51.7 %38.7 %55.6 %96.7 %74.0 %
ROI51.7 %38.8 %55.9 %96.9 %74.1 %
Economic value added (EVA)-8.60-8.90-15.52-36.52-43.50
Solvency
Equity ratio98.8 %99.1 %98.8 %98.8 %98.7 %
Gearing0.0 %0.0 %0.0 %0.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio3.534.47.47.18.6
Current ratio3.534.47.47.18.6
Cash and cash equivalents174.101 694.29365.84372.08474.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBBBBB

Variable visualization

ROA:73.1%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.7%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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