RASMUS WITTRUP HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 28156847
Nørremarksvej 57, 8700 Horsens
tel: 76260747

Credit rating

Company information

Official name
RASMUS WITTRUP HOLDING ApS
Established
2004
Company form
Private limited company
Industry

About RASMUS WITTRUP HOLDING ApS

RASMUS WITTRUP HOLDING ApS (CVR number: 28156847) is a company from HORSENS. The company recorded a gross profit of 393.3 kDKK in 2024. The operating profit was 369.4 kDKK, while net earnings were -642.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.6 %, which can be considered poor and Return on Equity (ROE) was -5.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 68.2 %, 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. RASMUS WITTRUP HOLDING ApS's liquidity measured by quick ratio was 0.2 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 profit145.9862.2557.9566.98393.33
EBIT1.60-39.63-61.53-33.30369.39
Net earnings-2 390.90-1 326.153 448.82-4 804.23- 642.37
Shareholders equity total19 005.4917 566.3420 957.9615 153.739 300.36
Balance sheet total (assets)19 889.3018 463.3623 250.6117 500.1513 629.98
Net debt726.56778.022 240.272 310.112 152.88
Profitability
EBIT-%
ROA-11.1 %-6.8 %16.7 %-23.1 %-2.6 %
ROE-11.7 %-7.3 %17.9 %-26.6 %-5.3 %
ROI-11.1 %-6.9 %16.7 %-23.1 %-2.8 %
Economic value added (EVA)-1 138.70-1 022.81- 969.85-1 191.68- 589.43
Solvency
Equity ratio95.6 %95.1 %90.1 %86.6 %68.2 %
Gearing3.8 %4.4 %10.7 %15.2 %23.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.21.10.60.2
Current ratio2.32.31.51.50.6
Cash and cash equivalents0.016.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:-2.65%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.2%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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