WITRE DANMARK A/S — Credit Rating and Financial Key Figures

CVR number: 18994798
Frederiks Plads 42, 8000 Aarhus C
Roger.Semborn@witre.se
tel: 75500310

Credit rating

Company information

Official name
WITRE DANMARK A/S
Personnel
1 person
Established
1995
Company form
Limited company
Industry

About WITRE DANMARK A/S

WITRE DANMARK A/S (CVR number: 18994798) is a company from AARHUS. The company recorded a gross profit of 6886.8 kDKK in 2024. The operating profit was 1084.9 kDKK, while net earnings were 915.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.7 %, which can be considered good and Return on Equity (ROE) was 13.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 77.8 %, 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. WITRE DANMARK A/S's liquidity measured by quick ratio was 4.8 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 profit7 951.118 321.468 661.018 437.936 886.82
EBIT167.391 445.22648.19336.011 084.94
Net earnings114.221 001.46649.32632.40915.53
Shareholders equity total4 074.495 075.955 725.266 357.667 273.19
Balance sheet total (assets)8 288.808 549.089 707.209 953.1710 022.45
Net debt-2 118.95-3 634.60-3 880.71-3 935.27-5 648.68
Profitability
EBIT-%
ROA2.1 %17.2 %7.2 %4.3 %12.7 %
ROE2.8 %21.9 %12.0 %10.5 %13.4 %
ROI3.2 %24.1 %10.6 %6.4 %17.6 %
Economic value added (EVA)64.551 025.25481.40201.38754.52
Solvency
Equity ratio49.2 %59.4 %65.1 %68.8 %77.8 %
Gearing47.3 %18.9 %11.1 %9.4 %2.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.92.53.21.64.8
Current ratio1.92.52.41.33.6
Cash and cash equivalents4 044.514 594.674 517.104 532.155 822.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:12.7%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.8%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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