Newturf ApS — Credit Rating and Financial Key Figures

Newturf ApS (CVR number: 43913220) is a company from HADERSLEV. The company recorded a gross profit of -204.5 kDKK in 2023. The operating profit was -238.5 kDKK, while net earnings were -186.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -248.4 %, which can be considered poor and Return on Equity (ROE) was -438.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 44.3 %, 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. Newturf ApS's liquidity measured by quick ratio was 1.8 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.