NEW CREATIONS ApS — Credit Rating and Financial Key Figures

CVR number: 29423741
Carit Etlars Vej 3, 1814 Frederiksberg C
nc@ncreations.com
tel: 27111279
www.ncreations.com

Credit rating

Company information

Official name
NEW CREATIONS ApS
Personnel
1 person
Established
2006
Company form
Private limited company
Industry

About NEW CREATIONS ApS

NEW CREATIONS ApS (CVR number: 29423741) is a company from FREDERIKSBERG. The company recorded a gross profit of 698.7 kDKK in 2023. The operating profit was -109.9 kDKK, while net earnings were -82.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.9 %, which can be considered poor and Return on Equity (ROE) was -3.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 61.2 %, 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. NEW CREATIONS ApS's liquidity measured by quick ratio was 2.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit4 822.144 261.294 094.381 942.53698.75
EBIT726.361 580.28- 277.97238.18- 109.87
Net earnings531.601 218.60- 225.74147.43-82.09
Shareholders equity total2 535.093 753.692 527.952 675.382 593.29
Balance sheet total (assets)4 283.495 657.793 573.683 602.064 240.69
Net debt-1 441.03433.13- 102.93-1 508.19-1 024.26
Profitability
EBIT-%
ROA12.6 %31.8 %-6.0 %6.6 %-2.9 %
ROE18.0 %38.8 %-7.2 %5.7 %-3.1 %
ROI20.0 %41.2 %-7.4 %8.1 %-3.3 %
Economic value added (EVA)693.551 208.16- 390.0559.32- 119.47
Solvency
Equity ratio59.2 %66.3 %70.7 %74.3 %61.2 %
Gearing22.4 %13.0 %14.2 %7.2 %55.6 %
Relative net indebtedness %
Liquidity
Quick ratio2.43.53.83.92.6
Current ratio2.43.53.83.92.6
Cash and cash equivalents2 008.2756.45462.981 701.202 467.33
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBABBB

Variable visualization

ROA:-2.90%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.2%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.