WITTRUP & WITTRUP ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About WITTRUP & WITTRUP ApS
WITTRUP & WITTRUP ApS (CVR number: 70120313) is a company from VEJLE. The company recorded a gross profit of -134.9 kDKK in 2023. The operating profit was -1071 kDKK, while net earnings were 5368.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.5 %, which can be considered good but Return on Equity (ROE) was 7.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. WITTRUP & WITTRUP ApS's liquidity measured by quick ratio was 60.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -15.89 | 7 419.65 | - 268.00 | - 306.49 | - 134.86 |
EBIT | -32.69 | -38.25 | - 268.46 | -1 618.99 | -1 071.01 |
Net earnings | 1 168.62 | 4 419.79 | 20 538.04 | 44 775.94 | 5 368.18 |
Shareholders equity total | 5 283.57 | 11 871.83 | 28 649.71 | 73 368.45 | 78 736.63 |
Balance sheet total (assets) | 6 845.59 | 55 214.70 | 30 403.57 | 73 669.47 | 79 549.02 |
Net debt | 1 484.64 | 21 191.95 | 182.65 | -41 577.05 | -33 467.26 |
Profitability | |||||
EBIT-% | |||||
ROA | 19.8 % | -0.1 % | 48.0 % | 88.0 % | 8.5 % |
ROE | 24.7 % | 65.7 % | 111.6 % | 87.8 % | 7.1 % |
ROI | 20.3 % | -0.2 % | 66.0 % | 89.3 % | 8.5 % |
Economic value added (EVA) | 108.52 | 168.56 | - 908.06 | 8.89 | 111.91 |
Solvency | |||||
Equity ratio | 77.2 % | 26.1 % | 94.2 % | 99.6 % | 99.0 % |
Gearing | 28.1 % | 179.6 % | 0.8 % | 0.4 % | 0.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.0 | 0.9 | 1.4 | 155.7 | 60.3 |
Current ratio | 0.0 | 1.3 | 1.4 | 155.7 | 60.3 |
Cash and cash equivalents | 0.01 | 129.92 | 46.04 | 41 847.51 | 34 195.04 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BBB | A | AA |
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