New Start 3 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About New Start 3 ApS
New Start 3 ApS (CVR number: 39155605K) is a company from ODENSE. The company reported a net sales of 453.3 mDKK in 2023, demonstrating a decline of -2 % compared to the previous year. The operating profit percentage was poor at -3.3 % (EBIT: -14.8 mDKK), while net earnings were -25.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was -7.7 %, which can be considered poor and Return on Equity (ROE) was -36.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -5.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. New Start 3 ApS's liquidity measured by quick ratio was 2.1 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 471.52 | 362.88 | 364.67 | 462.74 | 453.30 |
Gross profit | 182.88 | 106.96 | 112.69 | 117.08 | 142.75 |
EBIT | 12.02 | -41.98 | -34.50 | -70.98 | -14.78 |
Net earnings | 5.95 | -43.28 | -36.30 | -83.29 | -25.56 |
Shareholders equity total | 24.42 | 31.03 | 19.73 | -18.78 | -8.53 |
Balance sheet total (assets) | 154.96 | 141.35 | 145.29 | 140.33 | 136.04 |
Net debt | 30.33 | 48.93 | |||
Profitability | |||||
EBIT-% | 2.5 % | -11.6 % | -9.5 % | -15.3 % | -3.3 % |
ROA | 8.2 % | -28.3 % | -24.1 % | -49.3 % | -7.7 % |
ROE | 7.5 % | -156.1 % | -143.0 % | -669.7 % | -36.2 % |
ROI | 9.8 % | -28.3 % | -24.1 % | -45.8 % | -6.6 % |
Economic value added (EVA) | 11.61 | -43.21 | -36.06 | -71.97 | -9.21 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | -66.1 % | -5.1 % |
Gearing | -215.1 % | -582.1 % | |||
Relative net indebtedness % | 1.5 % | 5.2 % | |||
Liquidity | |||||
Quick ratio | 8.6 | 2.1 | |||
Current ratio | 11.9 | 2.8 | |||
Cash and cash equivalents | 10.07 | 0.71 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 13.7 | 10.3 | |||
Net working capital % | 12.6 % | 8.7 % | |||
Credit risk | |||||
Credit rating | BBB | BB | BB | BB | BBB |
Variable visualization
Roles
Companies in the same industry
- Professional credit risk reports
- Create your own estimates for any company
- Valuation analysis
- All 400,000+ Danish companies
- See instructions

... and more!
No registration needed.