NEWCAST HOLDING ApS — Credit Rating and Financial Key Figures

NEWCAST HOLDING ApS (CVR number: 29531935) is a company from HERNING. The company recorded a gross profit of -70.3 kDKK in 2023. The operating profit was -70.3 kDKK, while net earnings were 1452.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12 %, which can be considered good but Return on Equity (ROE) was 6.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. NEWCAST HOLDING ApS's liquidity measured by quick ratio was 141.9 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.