Nextway Software Denmark A/S — Credit Rating and Financial Key Figures

Nextway Software Denmark A/S (CVR number: 20145803) is a company from HERNING. The company recorded a gross profit of 22.7 mDKK in 2023. The operating profit was 2233.4 kDKK, while net earnings were 2455.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.1 %, which can be considered good but Return on Equity (ROE) was 25.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Nextway Software Denmark A/S's liquidity measured by quick ratio was 1.7 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.