NEW WAYS OF WORKING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About NEW WAYS OF WORKING ApS
NEW WAYS OF WORKING ApS (CVR number: 25400909) is a company from KØBENHAVN. The company recorded a gross profit of 559.4 kDKK in 2023. The operating profit was -41.8 kDKK, while net earnings were 93.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.3 %, which can be considered good but Return on Equity (ROE) was 15.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 52.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. NEW WAYS OF WORKING ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 722.78 | 258.22 | 730.03 | 908.39 | 559.44 |
EBIT | 198.45 | -19.15 | 34.70 | 120.93 | -41.79 |
Net earnings | 141.29 | -26.18 | 19.58 | 69.80 | 93.56 |
Shareholders equity total | 524.98 | 498.79 | 518.38 | 545.92 | 639.48 |
Balance sheet total (assets) | 715.42 | 733.25 | 951.46 | 1 319.48 | 1 217.96 |
Net debt | -45.57 | - 180.36 | - 323.74 | - 769.55 | - 138.35 |
Profitability | |||||
EBIT-% | |||||
ROA | 27.9 % | -2.6 % | 4.2 % | 10.8 % | 11.3 % |
ROE | 31.1 % | -5.1 % | 3.9 % | 13.1 % | 15.8 % |
ROI | 43.7 % | -3.7 % | 7.0 % | 21.6 % | 21.3 % |
Economic value added (EVA) | 142.00 | -43.24 | 18.70 | 83.60 | -15.93 |
Solvency | |||||
Equity ratio | 73.4 % | 68.0 % | 54.5 % | 41.4 % | 52.5 % |
Gearing | 13.6 % | 14.1 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 1.5 | 1.4 | 1.4 | 0.6 |
Current ratio | 1.4 | 1.5 | 1.4 | 1.4 | 0.6 |
Cash and cash equivalents | 45.57 | 180.36 | 323.74 | 844.03 | 228.27 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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