NEWTEC ENGINEERING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About NEWTEC ENGINEERING A/S
NEWTEC ENGINEERING A/S (CVR number: 29517495) is a company from ODENSE. The company recorded a gross profit of 101.3 mDKK in 2024. The operating profit was 74.4 mDKK, while net earnings were 63.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 33.2 %, which can be considered excellent and Return on Equity (ROE) was 29.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 90.1 %, 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 28.6 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 54 359.27 | 51 742.17 | 51 401.85 | 65 262.50 | 101 269.75 |
| EBIT | 35 558.75 | 32 438.14 | 27 925.65 | 41 243.00 | 74 427.63 |
| Net earnings | 32 058.25 | 19 180.36 | 13 045.45 | 38 968.31 | 63 646.47 |
| Shareholders equity total | 204 804.55 | 224 121.73 | 162 059.03 | 201 031.16 | 235 366.92 |
| Balance sheet total (assets) | 231 102.71 | 241 844.76 | 179 331.04 | 226 815.08 | 265 412.30 |
| Net debt | - 179 797.59 | - 203 732.48 | - 139 611.72 | - 163 804.13 | - 209 871.21 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 19.4 % | 15.8 % | 14.3 % | 24.5 % | 33.2 % |
| ROE | 17.0 % | 8.9 % | 6.8 % | 21.5 % | 29.2 % |
| ROI | 20.4 % | 16.5 % | 14.8 % | 25.6 % | 35.7 % |
| Economic value added (EVA) | 19 127.70 | 14 804.31 | 10 107.93 | 23 511.29 | 47 121.82 |
| Solvency | |||||
| Equity ratio | 88.8 % | 93.0 % | 91.0 % | 88.6 % | 90.1 % |
| Gearing | 6.8 % | 4.9 % | 7.0 % | 7.3 % | 2.6 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 13.2 | 17.2 | 11.8 | 12.8 | 28.6 |
| Current ratio | 12.9 | 16.1 | 10.9 | 12.9 | 19.5 |
| Cash and cash equivalents | 193 751.40 | 214 635.54 | 151 031.46 | 178 505.46 | 216 043.92 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | AA | A | A | A |
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