L. WITTROCK, HØNG AKTIESELSKAB — Credit Rating and Financial Key Figures

CVR number: 57288310
Agerkrogen 1, 4270 Høng

Company information

Official name
L. WITTROCK, HØNG AKTIESELSKAB
Established
1961
Company form
Limited company
Industry

About L. WITTROCK, HØNG AKTIESELSKAB

L. WITTROCK, HØNG AKTIESELSKAB (CVR number: 57288310) is a company from KALUNDBORG. The company recorded a gross profit of -7.9 kDKK in 2021. The operating profit was -27.9 kDKK, while net earnings were 300.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.9 %, which can be considered good and Return on Equity (ROE) was 12.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 98.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. L. WITTROCK, HØNG AKTIESELSKAB's liquidity measured by quick ratio was 59.8 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
2017
2018
2019
2020
2021
Volume
Net sales
Gross profit-37.8912.29-7.63-14.61-7.85
EBIT-1 367.89-7.71-27.63-34.61-27.85
Net earnings- 962.454.07-76.35215.61300.31
Shareholders equity total2 164.392 168.462 092.112 307.722 608.03
Balance sheet total (assets)2 471.442 178.462 098.112 313.722 652.38
Net debt- 165.61-1 832.80-1 641.67-1 743.38-1 966.99
Profitability
EBIT-%
ROA-42.5 %0.5 %-0.9 %10.0 %13.9 %
ROE-36.4 %0.2 %-3.6 %9.8 %12.2 %
ROI-42.8 %0.5 %-0.9 %10.1 %14.0 %
Economic value added (EVA)-1 127.64-93.96-44.49-57.25-53.06
Solvency
Equity ratio87.6 %99.5 %99.7 %99.7 %98.3 %
Gearing13.0 %
Relative net indebtedness %
Liquidity
Quick ratio8.0217.8349.7385.659.8
Current ratio8.0217.8349.7385.659.8
Cash and cash equivalents447.811 832.801 641.671 743.381 966.99
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBA

Variable visualization

ROA:13.9%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.3%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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