WITT Engineering ApS — Credit Rating and Financial Key Figures

WITT Engineering ApS (CVR number: 43930583) is a company from SVENDBORG. The company recorded a gross profit of 3169.8 kDKK in 2024. The operating profit was 323 kDKK, while net earnings were 251.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 59.3 %, which can be considered excellent and Return on Equity (ROE) was 170.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. WITT Engineering ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.