WITTRUP & WITTRUP ApS — Credit Rating and Financial Key Figures

CVR number: 70120313
Havnegade 23, 7100 Vejle
twt@fiberpartner.com
tel: 75815656

Company information

Official name
WITTRUP & WITTRUP ApS
Personnel
2 persons
Established
1982
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-15.897 419.65- 268.00- 306.49- 134.86
EBIT-32.69-38.25- 268.46-1 618.99-1 071.01
Net earnings1 168.624 419.7920 538.0444 775.945 368.18
Shareholders equity total5 283.5711 871.8328 649.7173 368.4578 736.63
Balance sheet total (assets)6 845.5955 214.7030 403.5773 669.4779 549.02
Net debt1 484.6421 191.95182.65-41 577.05-33 467.26
Profitability
EBIT-%
ROA19.8 %-0.1 %48.0 %88.0 %8.5 %
ROE24.7 %65.7 %111.6 %87.8 %7.1 %
ROI20.3 %-0.2 %66.0 %89.3 %8.5 %
Economic value added (EVA)- 295.80- 373.42-1 880.48-2 731.89-4 421.27
Solvency
Equity ratio77.2 %26.1 %94.2 %99.6 %99.0 %
Gearing28.1 %179.6 %0.8 %0.4 %0.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.91.4155.760.3
Current ratio0.01.31.4155.760.3
Cash and cash equivalents0.01129.9246.0441 847.5134 195.04
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBA

Variable visualization

ROA:8.54%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.0%
Rating: 84/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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