WTT Innovation ApS — Credit Rating and Financial Key Figures

CVR number: 41180773
Heimdalsvej 14, 7200 Grindsted
tel: 24950295
Free credit report Annual report

Company information

Official name
WTT Innovation ApS
Established
2020
Company form
Private limited company
Industry

About WTT Innovation ApS

WTT Innovation ApS (CVR number: 41180773) is a company from BILLUND. The company recorded a gross profit of -100.2 kDKK in 2024. The operating profit was -100.2 kDKK, while net earnings were -69.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.6 %, which can be considered poor and Return on Equity (ROE) was -7.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 47.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. WTT Innovation ApS's liquidity measured by quick ratio was 1.9 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
2024
Volume
Net sales
Gross profit-5.0141.52- 143.66144.71- 100.24
EBIT-15.8124.24-1 160.94-50.67- 100.24
Net earnings-15.8922.41- 906.55-39.52-69.64
Shareholders equity total24.3146.721 740.171 700.65231.01
Balance sheet total (assets)79.31444.701 965.221 962.34487.05
Net debt-3.74378.2227.07242.63239.27
Profitability
EBIT-%
ROA-19.9 %9.3 %-96.3 %-2.6 %-6.6 %
ROE-65.4 %63.1 %-101.5 %-2.3 %-7.2 %
ROI-65.0 %10.8 %-105.6 %-2.7 %-6.7 %
Economic value added (EVA)-15.8121.21- 927.20- 128.60- 176.00
Solvency
Equity ratio30.7 %10.5 %88.5 %86.7 %47.4 %
Gearing813.3 %1.9 %14.5 %103.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.11.06.37.51.9
Current ratio0.11.06.37.51.9
Cash and cash equivalents3.741.785.493.220.28
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-6.60%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.4%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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