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 216.4 mDKK in 2024. The operating profit was 119.9 mDKK, while net earnings were 126.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.8 %, which can be considered good and Return on Equity (ROE) was 10.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 95.1 %, 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 16.7 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 333 826.48 | 338 651.59 | |||
| Gross profit | 167 388.40 | 164 008.12 | 145 555.14 | 176 502.26 | 216 442.07 |
| EBIT | 90 306.38 | 85 769.96 | 61 908.17 | 88 781.41 | 119 893.63 |
| Net earnings | 110 205.83 | 46 590.80 | 19 740.97 | 108 155.69 | 126 286.00 |
| Shareholders equity total | 1 010 842.82 | 1 042 615.86 | 1 046 902.62 | 1 138 088.81 | 1 245 559.93 |
| Balance sheet total (assets) | 1 085 326.47 | 1 091 082.42 | 1 084 209.04 | 1 207 563.95 | 1 323 512.09 |
| Net debt | - 276 256.97 | - 289 347.26 | - 282 534.57 | - 378 535.61 | - 464 412.98 |
| Profitability | |||||
| EBIT-% | 27.1 % | 25.3 % | |||
| ROA | 13.5 % | 9.4 % | 7.0 % | 12.1 % | 12.8 % |
| ROE | 11.3 % | 4.5 % | 1.9 % | 9.9 % | 10.6 % |
| ROI | 14.3 % | 10.0 % | 7.2 % | 12.7 % | 13.6 % |
| Economic value added (EVA) | 23 332.00 | 16 896.83 | -3 759.52 | 16 210.32 | 35 848.01 |
| Solvency | |||||
| Equity ratio | 93.5 % | 95.7 % | 96.7 % | 94.5 % | 95.1 % |
| Gearing | |||||
| Relative net indebtedness % | -61.9 % | -72.4 % | |||
| Liquidity | |||||
| Quick ratio | 5.7 | 9.4 | 10.8 | 10.3 | 16.7 |
| Current ratio | 6.2 | 10.7 | 12.4 | 11.4 | 13.9 |
| Cash and cash equivalents | 276 256.97 | 289 347.26 | 282 534.57 | 378 535.61 | 464 412.98 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 63.3 | 52.4 | |||
| Net working capital % | 37.9 % | 48.8 % | |||
| Credit risk | |||||
| Credit rating | AAA | AAA | A | AA | AA |
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