NEWTEC HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About NEWTEC HOLDING A/S
NEWTEC HOLDING A/S (CVR number: 10687780K) is a company from ODENSE. The company recorded a gross profit of 176.5 mDKK in 2023. The operating profit was 88.8 mDKK, while net earnings were 108.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.1 %, which can be considered good and Return on Equity (ROE) was 9.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 94.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. NEWTEC HOLDING A/S's liquidity measured by quick ratio was 10.3 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 | 333 826.48 | 338 651.59 | |||
Gross profit | 155 288.61 | 167 388.40 | 164 008.12 | 145 555.14 | 176 502.26 |
EBIT | 81 208.68 | 90 306.38 | 85 769.96 | 61 908.17 | 88 781.41 |
Net earnings | 69 203.71 | 110 205.83 | 46 590.80 | 19 740.97 | 108 155.69 |
Shareholders equity total | 940 907.71 | 1 010 842.82 | 1 042 615.86 | 1 046 902.62 | 1 138 088.81 |
Balance sheet total (assets) | 996 832.16 | 1 085 326.47 | 1 091 082.42 | 1 084 209.04 | 1 207 563.95 |
Net debt | - 246 392.02 | - 276 256.97 | - 289 347.26 | - 282 534.57 | - 378 535.61 |
Profitability | |||||
EBIT-% | 27.1 % | 25.3 % | |||
ROA | 9.9 % | 13.5 % | 9.4 % | 7.0 % | 12.1 % |
ROE | 7.6 % | 11.3 % | 4.5 % | 1.9 % | 9.9 % |
ROI | 10.5 % | 14.3 % | 10.0 % | 7.2 % | 12.7 % |
Economic value added (EVA) | 29 586.51 | 35 976.20 | 31 107.82 | 11 172.97 | 30 797.67 |
Solvency | |||||
Equity ratio | 94.7 % | 93.5 % | 95.7 % | 96.7 % | 94.5 % |
Gearing | |||||
Relative net indebtedness % | -61.9 % | -72.4 % | |||
Liquidity | |||||
Quick ratio | 6.5 | 5.7 | 9.4 | 10.8 | 10.3 |
Current ratio | 7.4 | 6.2 | 10.7 | 12.4 | 11.4 |
Cash and cash equivalents | 246 392.02 | 276 256.97 | 289 347.26 | 282 534.57 | 378 535.61 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 63.3 | 52.4 | |||
Net working capital % | 37.9 % | 48.8 % | |||
Credit risk | |||||
Credit rating | AAA | AAA | AAA | AAA | AAA |
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