Northern Industries A/S
Credit rating
Company information
About Northern Industries A/S
Northern Industries A/S (CVR number: 42728640K) is a company from KØBENHAVN. The company reported a net sales of 30.6 mGBP in 2022, demonstrating a growth of 46.9 % compared to the previous year. The operating profit percentage was at 1.5 % (EBIT: 0.5 mGBP), while net earnings were -52.4 kGBP. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak but Return on Equity (ROE) was -0.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -0.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Northern Industries A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kGBP)
EBIT (kGBP)
Profitability
Solidity
Key figures (kGBP)
See financials2021 | 2022 | |
---|---|---|
Volume | ||
Net sales | 20 818.00 | 30 584.42 |
Gross profit | 20 818.00 | 8 954.50 |
EBIT | - 121.00 | 454.44 |
Net earnings | - 552.00 | -52.45 |
Shareholders equity total | - 188.00 | -51.97 |
Balance sheet total (assets) | 15 923.80 | 14 161.13 |
Net debt | 7 288.89 | 6 706.07 |
Profitability | ||
EBIT-% | -0.6 % | 1.5 % |
ROA | -0.8 % | 3.7 % |
ROE | -3.5 % | -0.3 % |
ROI | -1.3 % | 6.5 % |
Economic value added (EVA) | - 121.00 | 224.48 |
Solvency | ||
Equity ratio | -1.2 % | -0.4 % |
Gearing | -4440.8 % | -13419.8 % |
Relative net indebtedness % | 70.0 % | 44.3 % |
Liquidity | ||
Quick ratio | 0.7 | 0.6 |
Current ratio | 0.9 | 0.7 |
Cash and cash equivalents | 1 059.70 | 268.46 |
Capital use efficiency | ||
Trade debtors turnover (days) | 107.1 | 74.0 |
Net working capital % | -6.6 % | -9.9 % |
Credit risk | ||
Credit rating | BB | BB |
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