Witte Byg ApS — Credit Rating and Financial Key Figures

Witte Byg ApS (CVR number: 35648232) is a company from SKIVE. The company recorded a gross profit of 4068 kDKK in 2023. The operating profit was -21.8 kDKK, while net earnings were -117.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.5 %, which can be considered poor and Return on Equity (ROE) was -13 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 20.1 %, 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. Witte Byg 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.