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Northern Industries A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 2024, demonstrating a growth of 0.3 % compared to the previous year. The operating profit percentage was at 16.2 % (EBIT: 0.1 mGBP), while net earnings were 12.2 kGBP. The profitability of the company measured by Return on Assets (ROA) was 9.9 %, which can be considered good but Return on Equity (ROE) was 3.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 21.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Northern Industries A/S's liquidity measured by quick ratio was 3.9 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 financialsNet sales (kGBP)
EBIT (kGBP)
Profitability
Solidity
Key figures (kGBP)
See financials2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | 150.23 | 318.63 | 319.74 | |
| Gross profit | 150.23 | 318.63 | 319.74 | |
| EBIT | - 177.09 | - 413.22 | 51.75 | |
| Net earnings | - 140.75 | - 419.73 | 12.22 | |
| Shareholders equity total | 751.22 | 326.51 | 342.09 | |
| Balance sheet total (assets) | 2 911.52 | 2 175.12 | 1 579.10 | |
| Net debt | 1 815.50 | 1 131.96 | 235.64 | |
| Profitability | ||||
| EBIT-% | -117.9 % | -129.7 % | 16.2 % | |
| ROA | 2.2 % | -9.5 % | 9.9 % | |
| ROE | -18.7 % | -77.9 % | 3.7 % | |
| ROI | 2.6 % | -11.8 % | 17.4 % | |
| Economic value added (EVA) | - 138.13 | - 541.47 | -37.49 | |
| Solvency | ||||
| Equity ratio | 25.8 % | 15.0 % | 21.7 % | |
| Gearing | 241.8 % | 374.5 % | 72.9 % | |
| Relative net indebtedness % | 1437.4 % | 551.7 % | 382.5 % | |
| Liquidity | ||||
| Quick ratio | 0.7 | 0.6 | 3.9 | |
| Current ratio | 0.7 | 0.6 | 3.9 | |
| Cash and cash equivalents | 0.84 | 90.77 | 13.91 | |
| Capital use efficiency | ||||
| Trade debtors turnover (days) | 15.3 | 14.7 | ||
| Net working capital % | -220.2 % | -111.9 % | 232.6 % | |
| Credit risk | ||||
| Credit rating | BB | BB | BB | BB |
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