WTT Engineering ApS — Credit Rating and Financial Key Figures

CVR number: 38147129
Heimdalsvej 14, 7200 Grindsted

Company information

Official name
WTT Engineering ApS
Personnel
4 persons
Established
2016
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 600.202 002.525 270.763 890.301 501.30
EBIT- 701.50- 337.423 347.14868.62-1 739.63
Net earnings- 702.10- 397.262 450.70676.43-1 357.15
Shareholders equity total- 604.81-1 002.081 448.631 125.06- 232.09
Balance sheet total (assets)76.42299.553 800.243 463.30612.24
Net debt-22.07- 204.78-13.49851.53521.41
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- 364.012 512.97605.70-1 411.32
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 ratio0.10.51.61.60.7
Current ratio0.10.31.61.60.7
Cash and cash equivalents35.40225.8820.8243.1525.09
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingCCBBBBBBB

Variable visualization

ROA:-80.8%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-27.5%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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