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

CVR number: 38917692
Frederiksborggade 41, 1360 København K

Credit rating

Company information

Official name
New Practices A/S
Personnel
2 persons
Established
2017
Company form
Limited company
Industry

About New Practices A/S

New Practices A/S (CVR number: 38917692) is a company from KØBENHAVN. The company recorded a gross profit of 1738.2 kDKK in 2024. The operating profit was 476.3 kDKK, while net earnings were 403.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.5 %, 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 83.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. New Practices A/S's liquidity measured by quick ratio was 6.1 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 profit3 373.173 745.372 018.962 327.551 738.16
EBIT2 092.452 547.45736.331 094.50476.31
Net earnings1 600.481 958.49562.37795.77403.51
Shareholders equity total2 848.063 206.561 818.921 714.701 318.20
Balance sheet total (assets)4 820.874 170.334 484.723 960.251 576.04
Net debt-2 761.96-1 075.37104.09184.95- 550.35
Profitability
EBIT-%
ROA54.4 %56.7 %18.2 %27.6 %19.5 %
ROE64.7 %64.7 %22.4 %45.0 %26.6 %
ROI76.4 %77.2 %22.6 %31.3 %21.0 %
Economic value added (EVA)1 519.391 818.02404.92657.38190.80
Solvency
Equity ratio59.1 %76.9 %40.6 %43.3 %83.6 %
Gearing16.5 %1.6 %104.1 %117.0 %8.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.34.21.61.76.1
Current ratio2.34.21.61.76.1
Cash and cash equivalents3 232.381 127.441 789.491 821.85657.04
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:19.5%
Rating: 73/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:83.6%
Rating: 63/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member

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