Witting Ejendomme A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Witting Ejendomme A/S
Witting Ejendomme A/S (CVR number: 41201029) is a company from ODENSE. The company recorded a gross profit of -101.7 kDKK in 2024. The operating profit was -2203.8 kDKK, while net earnings were 22.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.2 %, which can be considered good and Return on Equity (ROE) was 8.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Witting Ejendomme A/S's liquidity measured by quick ratio was 58.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 205.96 | - 357.19 | 192.98 | - 131.62 | - 101.73 |
EBIT | -1 430.64 | -1 976.52 | -1 664.85 | -2 137.26 | -2 203.83 |
Net earnings | 24 105.78 | 95 761.26 | -20 338.14 | 1 863.97 | 22 288.59 |
Shareholders equity total | 127 723.03 | 285 484.29 | 263 146.15 | 265 010.12 | 287 298.70 |
Balance sheet total (assets) | 200 705.95 | 351 617.21 | 335 216.60 | 265 896.65 | 287 515.33 |
Net debt | - 305.27 | -5 654.33 | 1 521.46 | - 569.33 | -11 519.89 |
Profitability | |||||
EBIT-% | |||||
ROA | 12.2 % | 35.3 % | -5.1 % | 1.5 % | 8.2 % |
ROE | 18.9 % | 46.4 % | -7.4 % | 0.7 % | 8.1 % |
ROI | 12.2 % | 35.3 % | -5.7 % | 1.6 % | 8.2 % |
Economic value added (EVA) | -1 124.45 | -8 003.71 | -15 644.89 | -15 045.21 | -15 067.44 |
Solvency | |||||
Equity ratio | 63.6 % | 81.2 % | 78.5 % | 99.7 % | 99.9 % |
Gearing | 0.4 % | 1.0 % | 0.3 % | 0.0 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 9.3 | 22.6 | 1.1 | 3.2 | 58.8 |
Current ratio | 9.3 | 22.6 | 1.1 | 3.2 | 58.8 |
Cash and cash equivalents | 817.06 | 5 654.33 | 978.54 | 1 255.45 | 11 552.57 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | A | A |
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