K/S NEWCASTLE — Credit Rating and Financial Key Figures

K/S NEWCASTLE (CVR number: 27357423) is a company from HOLBÆK. The company reported a net sales of 1.1 mDKK in 2023, demonstrating a decline of -2.8 % compared to the previous year. The operating profit percentage was at 80.8 % (EBIT: 0.9 mDKK), while net earnings were 881.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.9 %, which can be considered good and Return on Equity (ROE) was 10.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 70.5 %, 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. K/S NEWCASTLE's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.