Witting Ejendomme A/S — Credit Rating and Financial Key Figures

CVR number: 41201029
Pantheonsgade 10, 5000 Odense C

Company information

Official name
Witting Ejendomme A/S
Personnel
2 persons
Established
2020
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales
Gross profit- 205.96- 357.19192.98- 131.62
EBIT-1 430.64-1 976.52-1 664.85-2 137.26
Net earnings24 105.7895 761.26-20 338.141 863.97
Shareholders equity total127 723.03285 484.29263 146.15265 010.12
Balance sheet total (assets)200 705.95351 617.21335 216.60265 896.65
Net debt- 305.27-5 654.331 521.46- 569.33
Profitability
EBIT-%
ROA12.2 %35.3 %-5.1 %1.5 %
ROE18.9 %46.4 %-7.4 %0.7 %
ROI12.2 %35.3 %-5.7 %1.6 %
Economic value added (EVA)-1 124.453 134.882 068.05751.89
Solvency
Equity ratio63.6 %81.2 %78.5 %99.7 %
Gearing0.4 %1.0 %0.3 %
Relative net indebtedness %
Liquidity
Quick ratio9.322.61.13.2
Current ratio9.322.61.13.2
Cash and cash equivalents817.065 654.33978.541 255.45
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBBAA

Variable visualization

ROA:1.45%
Rating: 27/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.7%
Rating: 95/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer
Board member
Chief executive officer

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