North Trade House A/S — Credit Rating and Financial Key Figures

North Trade House A/S (CVR number: 13137390) is a company from HERNING. The company recorded a gross profit of 2854.9 kDKK in 2023. The operating profit was -54.9 kDKK, while net earnings were 203 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.7 %, which can be considered weak but Return on Equity (ROE) was 4.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 62.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. North Trade House A/S's liquidity measured by quick ratio was 2.5 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.