NUEVOTIME ApS — Credit Rating and Financial Key Figures

NUEVOTIME ApS (CVR number: 34483949) is a company from AARHUS. The company recorded a gross profit of 3.8 kDKK in 2024. The operating profit was 3.8 kDKK, while net earnings were 1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak and Return on Equity (ROE) was 3.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 29.7 %, 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. NUEVOTIME ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.