New Estate NC ApS — Credit Rating and Financial Key Figures

New Estate NC ApS (CVR number: 40435174) is a company from SERMERSOOQ. The company recorded a gross profit of 2412.7 kDKK in 2023. The operating profit was 2412.7 kDKK, while net earnings were 1175.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.9 %, which can be considered decent but Return on Equity (ROE) was 13.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 24.5 %, 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. New Estate NC ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.