Newsec Property Asset Management Denmark A/S

CVR number: 25326296
Lyngby Hovedgade 4, 2800 Kgs. Lyngby
bogholderi@newsec.dk
tel: 45260123

Credit rating

Company information

Official name
Newsec Property Asset Management Denmark A/S
Personnel
499 persons
Established
2000
Company form
Limited company
Industry
  • Expand more icon68Real estate activities

About Newsec Property Asset Management Denmark A/S

Newsec Property Asset Management Denmark A/S (CVR number: 25326296) is a company from LYNGBY-TAARBÆK. The company reported a net sales of 422.8 mDKK in 2023, demonstrating a decline of -5.6 % compared to the previous year. The operating profit percentage was poor at -7.7 % (EBIT: -32.6 mDKK), while net earnings were -26 mDKK. The profitability of the company measured by Return on Assets (ROA) was -20.5 %, which can be considered poor and Return on Equity (ROE) was -511.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Newsec Property Asset Management Denmark A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales376.38411.70439.54448.13422.85
Gross profit452.60323.22336.41341.04308.05
EBIT4.957.95-7.35-16.18-32.59
Net earnings3.835.35-4.56-13.66-26.04
Shareholders equity total41.5946.9422.388.711.47
Balance sheet total (assets)144.11176.36153.28167.41141.25
Net debt10.22-11.7925.8451.9617.03
Profitability
EBIT-%1.3 %1.9 %-1.7 %-3.6 %-7.7 %
ROA6.9 %5.1 %-4.2 %-10.0 %-20.5 %
ROE18.4 %12.1 %-13.2 %-87.9 %-511.3 %
ROI14.6 %10.9 %-10.1 %-22.7 %-46.2 %
Economic value added (EVA)3.894.77-4.55-14.03-24.47
Solvency
Equity ratio28.9 %26.6 %14.6 %5.2 %1.0 %
Gearing69.0 %65.4 %139.9 %843.9 %3029.4 %
Relative net indebtedness %21.5 %20.2 %27.9 %30.0 %25.2 %
Liquidity
Quick ratio1.31.91.21.01.0
Current ratio1.31.91.21.01.0
Cash and cash equivalents18.4642.485.4621.5527.62
Capital use efficiency
Trade debtors turnover (days)48.640.257.868.953.6
Net working capital %6.5 %15.7 %3.9 %0.9 %1.2 %
Credit risk
Credit ratingBBBABBBBB

Variable visualization

ROA:-20.5%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:1.04%
Rating: 2/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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