WITTRUP EL ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About WITTRUP EL ApS
WITTRUP EL ApS (CVR number: 36047046) is a company from RØDOVRE. The company reported a net sales of 0.9 mDKK in 2023, demonstrating a decline of -3.6 % compared to the previous year. The operating profit percentage was at 0.2 % (EBIT: 0 mDKK), while net earnings were 1.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.5 %, which can be considered weak and Return on Equity (ROE) was 0.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 63.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. WITTRUP EL ApS's liquidity measured by quick ratio was 2.5 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 819.27 | 828.51 | 689.69 | 928.02 | 894.77 |
Gross profit | 493.31 | 570.55 | 433.93 | 599.15 | 603.73 |
EBIT | 3.32 | 4.85 | 1.78 | 2.32 | 1.46 |
Net earnings | 2.59 | 3.78 | 1.39 | 1.81 | 1.14 |
Shareholders equity total | 152.28 | 156.79 | 159.24 | 161.44 | 163.09 |
Balance sheet total (assets) | 240.72 | 308.68 | 258.85 | 288.04 | 256.60 |
Net debt | - 163.44 | - 203.06 | - 174.26 | - 190.87 | - 103.68 |
Profitability | |||||
EBIT-% | 0.4 % | 0.6 % | 0.3 % | 0.2 % | 0.2 % |
ROA | 1.5 % | 1.8 % | 0.6 % | 0.8 % | 0.5 % |
ROE | 1.7 % | 2.4 % | 0.9 % | 1.1 % | 0.7 % |
ROI | 2.2 % | 3.1 % | 1.1 % | 1.4 % | 0.9 % |
Economic value added (EVA) | -4.15 | -2.80 | -6.10 | -5.68 | -6.65 |
Solvency | |||||
Equity ratio | 63.3 % | 50.8 % | 61.5 % | 56.0 % | 63.6 % |
Gearing | |||||
Relative net indebtedness % | -9.2 % | -6.2 % | -10.8 % | -6.9 % | -1.1 % |
Liquidity | |||||
Quick ratio | 2.1 | 1.8 | 2.3 | 2.1 | 2.5 |
Current ratio | 2.1 | 1.8 | 2.3 | 2.1 | 2.5 |
Cash and cash equivalents | 163.44 | 203.06 | 174.26 | 190.87 | 103.68 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 10.5 | 28.8 | 28.8 | 29.3 | 53.1 |
Net working capital % | 12.0 % | 14.1 % | 18.7 % | 15.0 % | 15.7 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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