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 -131.6 kDKK in 2023. The operating profit was -2137.3 kDKK, while net earnings were 1864 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.5 %, which can be considered weak and Return on Equity (ROE) was 0.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.7 %, 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 3.2 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 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | - 205.96 | - 357.19 | 192.98 | - 131.62 |
EBIT | -1 430.64 | -1 976.52 | -1 664.85 | -2 137.26 |
Net earnings | 24 105.78 | 95 761.26 | -20 338.14 | 1 863.97 |
Shareholders equity total | 127 723.03 | 285 484.29 | 263 146.15 | 265 010.12 |
Balance sheet total (assets) | 200 705.95 | 351 617.21 | 335 216.60 | 265 896.65 |
Net debt | - 305.27 | -5 654.33 | 1 521.46 | - 569.33 |
Profitability | ||||
EBIT-% | ||||
ROA | 12.2 % | 35.3 % | -5.1 % | 1.5 % |
ROE | 18.9 % | 46.4 % | -7.4 % | 0.7 % |
ROI | 12.2 % | 35.3 % | -5.7 % | 1.6 % |
Economic value added (EVA) | -1 124.45 | 3 134.88 | 2 068.05 | 751.89 |
Solvency | ||||
Equity ratio | 63.6 % | 81.2 % | 78.5 % | 99.7 % |
Gearing | 0.4 % | 1.0 % | 0.3 % | |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 9.3 | 22.6 | 1.1 | 3.2 |
Current ratio | 9.3 | 22.6 | 1.1 | 3.2 |
Cash and cash equivalents | 817.06 | 5 654.33 | 978.54 | 1 255.45 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | AA | AA | BBB | AA |
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