New Practices A/S — Credit Rating and Financial Key Figures

New Practices A/S (CVR number: 38917692) is a company from KØBENHAVN. The company recorded a gross profit of 2327.6 kDKK in 2023. The operating profit was 1094.5 kDKK, while net earnings were 795.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.6 %, which can be considered excellent and Return on Equity (ROE) was 45 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 43.3 %, 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 Practices A/S's liquidity measured by quick ratio was 1.7 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.