Newhands ApS — Credit Rating and Financial Key Figures

Newhands ApS (CVR number: 40763376) is a company from GLOSTRUP. The company recorded a gross profit of 1132.3 kDKK in 2023. The operating profit was 46 kDKK, while net earnings were 38.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.3 %, which can be considered good and Return on Equity (ROE) was 10.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at -22.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Newhands ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.