WTT Innovation ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -5.01 | 41.52 | - 143.66 | 144.71 | - 100.24 |
EBIT | -15.81 | 24.24 | -1 160.94 | -50.67 | - 100.24 |
Net earnings | -15.89 | 22.41 | - 906.55 | -39.52 | -69.64 |
Shareholders equity total | 24.31 | 46.72 | 1 740.17 | 1 700.65 | 231.01 |
Balance sheet total (assets) | 79.31 | 444.70 | 1 965.22 | 1 962.34 | 487.05 |
Net debt | -3.74 | 378.22 | 27.07 | 242.63 | 239.27 |
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) | -15.81 | 21.21 | - 927.20 | - 128.60 | - 176.00 |
Solvency | |||||
Equity ratio | 30.7 % | 10.5 % | 88.5 % | 86.7 % | 47.4 % |
Gearing | 813.3 % | 1.9 % | 14.5 % | 103.7 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 1.0 | 6.3 | 7.5 | 1.9 |
Current ratio | 0.1 | 1.0 | 6.3 | 7.5 | 1.9 |
Cash and cash equivalents | 3.74 | 1.78 | 5.49 | 3.22 | 0.28 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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