NEWTEC ENGINEERING A/S — Credit Rating and Financial Key Figures

NEWTEC ENGINEERING A/S (CVR number: 29517495) is a company from ODENSE. The company recorded a gross profit of 65.3 mDKK in 2023. The operating profit was 41.2 mDKK, while net earnings were 39 mDKK. The profitability of the company measured by Return on Assets (ROA) was 24.5 %, which can be considered excellent and Return on Equity (ROE) was 21.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 88.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. NEWTEC ENGINEERING A/S's liquidity measured by quick ratio was 12.8 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.