WiTu ApS — Credit Rating and Financial Key Figures

CVR number: 40222839
H.C. Ørsteds Vej 8, 1879 Frederiksberg C
mad@sejlklubbenfrem.dk
tel: 28999987
www.sejlklubbenfrem.dk
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Company information

Official name
WiTu ApS
Personnel
7 persons
Established
2019
Company form
Private limited company
Industry

About WiTu ApS

WiTu ApS (CVR number: 40222839) is a company from FREDERIKSBERG. The company recorded a gross profit of 278.9 kDKK in 2022. The operating profit was 276 kDKK, while net earnings were 213.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 53.4 %, which can be considered excellent and Return on Equity (ROE) was 63.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 72.5 %, 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. WiTu ApS's liquidity measured by quick ratio was 5.6 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
2019
2020
2021
2022
Volume
Net sales
Gross profit1 546.86365.41845.24278.95
EBIT256.99-8.43116.57276.02
Net earnings142.08-25.6989.69213.63
Shareholders equity total192.07166.39256.08412.51
Balance sheet total (assets)851.63701.19465.70568.71
Net debt151.69311.24- 417.36- 560.11
Profitability
EBIT-%
ROA30.2 %-1.1 %20.0 %53.4 %
ROE74.0 %-14.3 %42.5 %63.9 %
ROI45.4 %-1.6 %29.6 %78.0 %
Economic value added (EVA)184.80-6.9197.67225.01
Solvency
Equity ratio22.6 %23.7 %55.0 %72.5 %
Gearing194.7 %199.6 %12.4 %1.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.42.35.6
Current ratio0.40.42.35.6
Cash and cash equivalents222.1920.87449.13567.83
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:53.4%
Rating: 96/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.5%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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