WITTING HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 36449098
Bratenvej 40 H, Tåsinge 5700 Svendborg
BjornWitting@me.com

Company information

Official name
WITTING HOLDING ApS
Established
2014
Domicile
Tåsinge
Company form
Private limited company
Industry

About WITTING HOLDING ApS

WITTING HOLDING ApS (CVR number: 36449098) is a company from SVENDBORG. The company recorded a gross profit of 31.7 kDKK in 2024. The operating profit was 31.7 kDKK, while net earnings were 132.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.2 %, which can be considered excellent and Return on Equity (ROE) was 15470.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -99.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. WITTING HOLDING ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-5.21-5.3331.69
EBIT-5.21-5.33-5.1331.69
Net earnings-68.10-72.00-41.10-11.05132.20
Shareholders equity total- 551.89- 623.89- 664.99- 664.99- 532.79
Balance sheet total (assets)0.400.060.060.061.65
Net debt526.11542.13558.19558.19527.10
Profitability
EBIT-%
ROA-10.8 %-10.4 %-0.8 %22.2 %
ROE-407.7 %-31579.4 %-68500.0 %-18423.3 %15470.9 %
ROI-10.9 %-10.5 %-0.8 %22.4 %
Economic value added (EVA)-6.59-5.08-4.850.2831.97
Solvency
Equity ratio-99.9 %-100.0 %-100.0 %-100.0 %-99.7 %
Gearing-95.4 %-86.9 %-83.9 %-83.9 %-99.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.00.0
Current ratio0.00.00.00.00.0
Cash and cash equivalents0.400.060.060.061.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:22.2%
Rating: 77/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-99.7%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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