NEW WAVES DANCE ACTION ApS — Credit Rating and Financial Key Figures

NEW WAVES DANCE ACTION ApS (CVR number: 30609174) is a company from AALBORG. The company recorded a gross profit of 296.3 kDKK in 2022. The operating profit was 26 kDKK, while net earnings were 19.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 40 %, which can be considered excellent and Return on Equity (ROE) was 126.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.9 %, 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 WAVES DANCE ACTION ApS's liquidity measured by quick ratio was 1.6 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.