New Competence ApS — Credit Rating and Financial Key Figures

New Competence ApS (CVR number: 32086942) is a company from KØGE. The company recorded a gross profit of 441.4 kDKK in 2019. The operating profit was -28.1 kDKK, while net earnings were -15.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.1 %, which can be considered poor and Return on Equity (ROE) was -10.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 47.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. New Competence ApS's liquidity measured by quick ratio was 1.9 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.