WittCare ApS — Credit Rating and Financial Key Figures

CVR number: 39003309
Gødstrup Søvej 9, Gødstrup 7400 Herning
info@wittcare.com
tel: 70252323
wittcare.com

Company information

Official name
WittCare ApS
Established
2017
Domicile
Gødstrup
Company form
Private limited company
Industry

About WittCare ApS

WittCare ApS (CVR number: 39003309) is a company from HERNING. The company recorded a gross profit of 1090.4 kDKK in 2023. The operating profit was 187.3 kDKK, while net earnings were -65.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.7 %, which can be considered weak but Return on Equity (ROE) was -0.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 41.2 %, 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. WittCare 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 profit30.54254.02463.64868.521 090.40
EBIT- 832.57- 687.66-1 480.84203.31187.25
Net earnings-78.20-1 107.65-1 179.2534.82-65.44
Shareholders equity total9 993.338 885.687 706.437 741.257 675.81
Balance sheet total (assets)10 266.3411 178.9512 815.6815 753.6118 639.79
Net debt- 153.99909.912 276.845 922.946 026.42
Profitability
EBIT-%
ROA-7.5 %-6.2 %-12.2 %2.0 %1.7 %
ROE-0.7 %-11.7 %-14.2 %0.5 %-0.8 %
ROI-7.5 %-6.3 %-12.3 %2.0 %1.8 %
Economic value added (EVA)- 479.87- 971.91-1 555.74- 117.21- 181.55
Solvency
Equity ratio97.3 %79.5 %60.1 %49.1 %41.2 %
Gearing2.1 %20.6 %61.4 %92.2 %134.0 %
Relative net indebtedness %
Liquidity
Quick ratio9.41.91.10.60.7
Current ratio16.12.81.81.61.4
Cash and cash equivalents368.06923.602 457.951 214.504 262.69
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:1.70%
Rating: 29/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:41.2%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.