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: 10687780) is a company from ODENSE. The company recorded a gross profit of 1211.1 kDKK in 2023. The operating profit was -207.2 kDKK, while net earnings were 108.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.6 %, 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 98.8 %, 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 247.6 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 | 1 501.00 | 1 465.15 | 1 604.26 | 1 052.49 | 1 211.13 |
EBIT | 122.02 | 39.89 | 145.70 | - 384.82 | - 207.18 |
Net earnings | 69 154.43 | 110 151.82 | 46 587.83 | 19 449.13 | 108 155.69 |
Shareholders equity total | 940 144.79 | 1 010 025.89 | 1 041 795.95 | 1 045 790.87 | 1 138 088.81 |
Balance sheet total (assets) | 945 251.44 | 1 024 050.02 | 1 047 049.99 | 1 051 768.00 | 1 151 892.98 |
Net debt | -9 805.69 | -7 718.67 | -7 866.58 | -66 075.00 | - 116 804.52 |
Profitability | |||||
EBIT-% | |||||
ROA | 8.0 % | 12.2 % | 6.8 % | 4.7 % | 10.6 % |
ROE | 7.6 % | 11.3 % | 4.5 % | 1.9 % | 9.9 % |
ROI | 8.0 % | 12.2 % | 6.8 % | 4.7 % | 10.6 % |
Economic value added (EVA) | -25 350.58 | -24 701.13 | -22 170.39 | -21 272.78 | -25 132.76 |
Solvency | |||||
Equity ratio | 99.5 % | 98.6 % | 99.5 % | 99.4 % | 98.8 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 19.5 | 18.3 | 29.0 | 147.9 | 247.6 |
Current ratio | 19.5 | 18.3 | 29.0 | 147.9 | 247.6 |
Cash and cash equivalents | 9 805.69 | 7 718.67 | 7 866.58 | 66 075.00 | 116 804.52 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AAA | AAA | AAA | AAA | AAA |
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