New Balance Denmark ApS — Credit Rating and Financial Key Figures

New Balance Denmark ApS (CVR number: 38009303) is a company from AALBORG. The company recorded a gross profit of 34.3 mDKK in 2023. The operating profit was 16.3 mDKK, while net earnings were 14.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 41.2 %, which can be considered excellent and Return on Equity (ROE) was 87 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34.5 %, 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. New Balance Denmark ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.