OLD WAY CONSULTING ApS — Credit Rating and Financial Key Figures

CVR number: 29208301
Engelundsvej 22, 8260 Viby J
info@newway.dk
tel: 86124700
www.newway.dk

Company information

Official name
OLD WAY CONSULTING ApS
Established
2005
Company form
Private limited company
Industry

About OLD WAY CONSULTING ApS

OLD WAY CONSULTING ApS (CVR number: 29208301) is a company from AARHUS. The company recorded a gross profit of -4.4 kDKK in 2019. The operating profit was -4.4 kDKK, while net earnings were 0.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.7 %, which can be considered poor but Return on Equity (ROE) was 0.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 71.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. OLD WAY CONSULTING ApS's liquidity measured by quick ratio was 3.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
2019
Volume
Net sales
Gross profit73.436.1021.96-4.40
EBIT69.666.1021.96-4.40
Net earnings52.654.1116.350.53
Shareholders equity total59.0163.1279.4880.01
Balance sheet total (assets)119.57108.44118.21111.48
Net debt-22.50-25.76-39.77-19.62
Profitability
EBIT-%
ROA58.3 %5.3 %19.4 %-1.7 %
ROE89.2 %6.7 %22.9 %0.7 %
ROI95.9 %8.1 %25.7 %-2.2 %
Economic value added (EVA)52.653.3015.48-5.68
Solvency
Equity ratio49.3 %58.2 %67.2 %71.8 %
Gearing23.2 %22.3 %17.7 %9.4 %
Relative net indebtedness %
Liquidity
Quick ratio2.02.43.13.5
Current ratio2.02.43.13.5
Cash and cash equivalents36.1639.8353.8427.18
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:-1.74%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.8%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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