New Wear ApS — Credit Rating and Financial Key Figures

CVR number: 37189596
Systemvej 4, 8963 Auning

Credit rating

Company information

Official name
New Wear ApS
Personnel
1 person
Established
2015
Company form
Private limited company
Industry

About New Wear ApS

New Wear ApS (CVR number: 37189596) is a company from NORDDJURS. The company recorded a gross profit of 4230.6 kDKK in 2021. The operating profit was 1928 kDKK, while net earnings were 1408.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 57.4 %, which can be considered excellent and Return on Equity (ROE) was 86.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 52.8 %, 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 Wear 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2017
2018
2019
2020
2021
Volume
Net sales
Gross profit3 505.804 431.864 339.515 685.224 230.57
EBIT2 673.332 549.281 712.283 189.211 928.05
Net earnings1 933.801 764.491 244.642 387.341 408.27
Shareholders equity total2 332.892 097.371 542.011 929.351 337.62
Balance sheet total (assets)3 067.913 645.262 652.234 113.862 606.66
Net debt-2 387.12-3 151.33-1 971.22-2 361.26-1 429.46
Profitability
EBIT-%
ROA134.9 %75.9 %54.5 %94.3 %57.4 %
ROE136.4 %79.7 %68.4 %137.5 %86.2 %
ROI184.8 %114.8 %93.6 %182.4 %117.8 %
Economic value added (EVA)2 092.531 990.381 388.222 507.181 524.48
Solvency
Equity ratio76.0 %57.6 %58.1 %47.7 %52.8 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio3.82.22.21.81.9
Current ratio3.92.32.41.82.0
Cash and cash equivalents2 387.123 151.331 971.222 361.261 429.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:57.4%
Rating: 99/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.8%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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