Witrics Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Witrics Holding ApS
Witrics Holding ApS (CVR number: 41545186) is a company from KØBENHAVN. The company recorded a gross profit of -22.1 kDKK in 2023. The operating profit was -22.1 kDKK, while net earnings were 1222.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 48.5 %, which can be considered excellent and Return on Equity (ROE) was 72.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 68.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Witrics Holding ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | -4.45 | -4.75 | -8.25 | -22.10 |
EBIT | -4.45 | -4.75 | -8.25 | -22.10 |
Net earnings | - 393.98 | 120.59 | 1 194.18 | 1 222.68 |
Shareholders equity total | 6.02 | 126.61 | 1 320.79 | 2 043.47 |
Balance sheet total (assets) | 510.50 | 621.99 | 2 176.14 | 2 986.91 |
Net debt | 500.98 | 491.83 | 708.79 | 838.39 |
Profitability | ||||
EBIT-% | ||||
ROA | -77.2 % | 21.0 % | 86.6 % | 48.5 % |
ROE | -6542.3 % | 181.8 % | 165.0 % | 72.7 % |
ROI | -77.7 % | 21.1 % | 88.9 % | 49.3 % |
Economic value added (EVA) | -4.45 | 63.82 | 18.35 | 27.21 |
Solvency | ||||
Equity ratio | 1.2 % | 20.4 % | 60.7 % | 68.4 % |
Gearing | 8319.2 % | 388.5 % | 59.5 % | 45.6 % |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 0.0 | 0.5 | 0.5 | |
Current ratio | 0.0 | 0.5 | 0.5 | |
Cash and cash equivalents | 0.05 | 76.82 | 93.64 | |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | B | BB | BBB | BBB |
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