NEW CHINA HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 34594384
Østerlindparken 68, Lind 7400 Herning
HGM@bdo.dk

Company information

Official name
NEW CHINA HOLDING ApS
Established
2012
Domicile
Lind
Company form
Private limited company
Industry

About NEW CHINA HOLDING ApS

NEW CHINA HOLDING ApS (CVR number: 34594384) is a company from HERNING. The company recorded a gross profit of 141.3 kDKK in 2024. The operating profit was 132.4 kDKK, while net earnings were 3340.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.4 %, which can be considered excellent and Return on Equity (ROE) was 26.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 92.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. NEW CHINA HOLDING ApS's liquidity measured by quick ratio was 8.6 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit4.9445.11-37.9062.00141.34
EBIT0.6040.77-42.2458.00132.40
Net earnings280.21900.431 353.413 095.003 340.39
Shareholders equity total5 929.496 729.927 973.3310 953.0014 171.17
Balance sheet total (assets)5 955.496 894.578 654.2713 554.0015 273.76
Net debt-2 493.10-3 794.43-3 781.76-4 495.00-7 120.89
Profitability
EBIT-%
ROA5.1 %15.5 %22.8 %29.9 %24.4 %
ROE4.8 %14.2 %18.4 %32.7 %26.6 %
ROI5.1 %15.6 %23.0 %29.9 %24.5 %
Economic value added (EVA)-81.61-29.89- 105.6714.41125.54
Solvency
Equity ratio99.6 %97.6 %92.1 %80.8 %92.8 %
Gearing0.8 %8.2 %23.5 %7.4 %
Relative net indebtedness %
Liquidity
Quick ratio103.524.47.43.08.6
Current ratio103.524.47.43.08.6
Cash and cash equivalents2 493.103 851.364 438.207 071.008 162.99
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:24.4%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.8%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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