NewBanking Holding Aps — Credit Rating and Financial Key Figures

NewBanking Holding Aps (CVR number: 37153176) is a company from KØBENHAVN. The company recorded a gross profit of -6.5 kDKK in 2023. The operating profit was -6.5 kDKK, while net earnings were 45.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.2 %, which can be considered weak and Return on Equity (ROE) was 0.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 77 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. NewBanking Holding Aps's liquidity measured by quick ratio was 144 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.