Northern Industries A/S — Credit Rating and Financial Key Figures

CVR number: 42728640
Frederiksgade 17, 1265 København K

Credit rating

Company information

Official name
Northern Industries A/S
Personnel
1 person
Established
2021
Company form
Limited company
Industry
  • Expand more icon25Manufacture of fabricated metal products, except machinery and equipment

About Northern Industries A/S

Northern Industries A/S (CVR number: 42728640) is a company from KØBENHAVN. The company reported a net sales of 0.3 mGBP in 2023, demonstrating a growth of 112.1 % compared to the previous year. The operating profit percentage was poor at -129.7 % (EBIT: -0.4 mGBP), while net earnings were -419.7 kGBP. The profitability of the company measured by Return on Assets (ROA) was -25.9 %, which can be considered poor and Return on Equity (ROE) was -77.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 15 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. 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 financials

Gross profit (kGBP)

EBIT (kGBP)

Profitability

Solidity

Key figures (kGBP)

See financials
2021
2022
2023
Volume
Net sales150.23318.63
Gross profit150.23318.63
EBIT- 177.09- 413.22
Net earnings- 140.75- 419.73
Shareholders equity total751.22326.51
Balance sheet total (assets)2 911.522 175.12
Net debt1 815.501 529.51
Profitability
EBIT-%-117.9 %-129.7 %
ROA2.2 %-25.9 %
ROE-18.7 %-77.9 %
ROI2.6 %-29.2 %
Economic value added (EVA)- 138.13- 431.58
Solvency
Equity ratio25.8 %15.0 %
Gearing241.8 %496.2 %
Relative net indebtedness %1437.4 %551.7 %
Liquidity
Quick ratio0.70.6
Current ratio0.70.6
Cash and cash equivalents0.8490.77
Capital use efficiency
Trade debtors turnover (days)15.3
Net working capital %-220.2 %-111.9 %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-25.9%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:15.0%
Rating: 15/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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