WTT Engineering ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About WTT Engineering ApS
WTT Engineering ApS (CVR number: 38147129) is a company from BILLUND. The company recorded a gross profit of 1501.3 kDKK in 2023. The operating profit was -1739.6 kDKK, while net earnings were -1357.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -80.8 %, which can be considered poor and Return on Equity (ROE) was -156.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -27.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. WTT Engineering ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 600.20 | 2 002.52 | 5 270.76 | 3 890.30 | 1 501.30 |
EBIT | - 701.50 | - 337.42 | 3 347.14 | 868.62 | -1 739.63 |
Net earnings | - 702.10 | - 397.26 | 2 450.70 | 676.43 | -1 357.15 |
Shareholders equity total | - 604.81 | -1 002.08 | 1 448.63 | 1 125.06 | - 232.09 |
Balance sheet total (assets) | 76.42 | 299.55 | 3 800.24 | 3 463.30 | 612.24 |
Net debt | -22.07 | - 204.78 | -13.49 | 851.53 | 521.41 |
Profitability | |||||
EBIT-% | |||||
ROA | -97.3 % | -34.0 % | 131.2 % | 23.9 % | -80.8 % |
ROE | -808.4 % | -211.3 % | 280.4 % | 52.6 % | -156.2 % |
ROI | -608.8 % | -195.4 % | 394.3 % | 48.2 % | -130.2 % |
Economic value added (EVA) | - 702.17 | - 364.01 | 2 512.97 | 605.70 | -1 411.32 |
Solvency | |||||
Equity ratio | -88.8 % | -117.4 % | 38.1 % | 32.5 % | -27.5 % |
Gearing | -2.2 % | -2.1 % | 0.5 % | 79.5 % | -235.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.5 | 1.6 | 1.6 | 0.7 |
Current ratio | 0.1 | 0.3 | 1.6 | 1.6 | 0.7 |
Cash and cash equivalents | 35.40 | 225.88 | 20.82 | 43.15 | 25.09 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | C | C | BBB | BBB | B |
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