Newco Vejle ApS — Credit Rating and Financial Key Figures

Newco Vejle ApS (CVR number: 37245690) is a company from VEJLE. The company recorded a gross profit of 331.8 kDKK in 2023. The operating profit was 245.8 kDKK, while net earnings were 126.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, which can be considered decent but Return on Equity (ROE) was 8.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 37.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Newco Vejle ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.