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WITRE DANMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About WITRE DANMARK A/S
WITRE DANMARK A/S (CVR number: 18994798) is a company from AARHUS. The company recorded a gross profit of 6081.3 kDKK in 2025. The operating profit was -1509.6 kDKK, while net earnings were -1217.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.3 %, which can be considered poor and Return on Equity (ROE) was -18.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 55.6 %, 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. WITRE DANMARK A/S's liquidity measured by quick ratio was 2.4 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 financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 8 321.46 | 8 661.01 | 8 437.93 | 6 886.82 | 6 081.31 |
| EBIT | 1 445.22 | 648.19 | 336.01 | 1 084.94 | -1 509.61 |
| Net earnings | 1 001.46 | 649.32 | 632.40 | 915.53 | -1 217.36 |
| Shareholders equity total | 5 075.95 | 5 725.26 | 6 357.66 | 7 273.19 | 6 055.84 |
| Balance sheet total (assets) | 8 549.08 | 9 707.20 | 9 953.17 | 10 022.45 | 11 703.93 |
| Net debt | -3 634.60 | -3 880.71 | -3 935.27 | -5 648.68 | -4 339.53 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 17.2 % | 7.2 % | 4.3 % | 12.7 % | -13.3 % |
| ROE | 21.9 % | 12.0 % | 10.5 % | 13.4 % | -18.3 % |
| ROI | 24.1 % | 10.6 % | 6.4 % | 17.6 % | -17.4 % |
| Economic value added (EVA) | 725.25 | 202.27 | -57.58 | 496.79 | -1 607.44 |
| Solvency | |||||
| Equity ratio | 59.4 % | 65.1 % | 68.8 % | 77.8 % | 55.6 % |
| Gearing | 18.9 % | 11.1 % | 9.4 % | 2.4 % | 52.1 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.5 | 3.2 | 1.6 | 4.8 | 2.4 |
| Current ratio | 2.5 | 2.4 | 1.3 | 3.6 | 2.1 |
| Cash and cash equivalents | 4 594.67 | 4 517.10 | 4 532.15 | 5 822.92 | 7 497.61 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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