North Trade House A/S
Credit rating
Company information
About North Trade House A/S
North Trade House A/S (CVR number: 13137390) is a company from HERNING. The company recorded a gross profit of 1637.7 kDKK in 2022. The operating profit was -650.4 kDKK, while net earnings were -519.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.9 %, which can be considered poor and Return on Equity (ROE) was -10.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 80.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. North Trade House A/S's liquidity measured by quick ratio was 4.5 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 124.51 | 4.13 | 2 546.98 | 6 586.86 | 1 637.67 |
EBIT | - 124.51 | 4.13 | 1 453.28 | 3 323.48 | - 650.38 |
Net earnings | -22.09 | 45.53 | 1 456.14 | 3 355.45 | - 519.77 |
Shareholders equity total | 390.91 | 436.44 | 1 892.58 | 5 248.03 | 4 728.26 |
Balance sheet total (assets) | 1 193.19 | 1 214.84 | 3 504.30 | 6 159.58 | 5 877.98 |
Net debt | 760.62 | 619.79 | - 259.11 | - 433.12 | 439.83 |
Profitability | |||||
EBIT-% | |||||
ROA | -9.6 % | 2.3 % | 62.8 % | 70.1 % | -8.9 % |
ROE | -5.5 % | 11.0 % | 125.0 % | 94.0 % | -10.4 % |
ROI | -9.9 % | 2.3 % | 78.2 % | 86.4 % | -10.3 % |
Economic value added (EVA) | - 108.99 | -14.89 | 1 438.05 | 3 288.82 | - 815.00 |
Solvency | |||||
Equity ratio | 32.8 % | 35.9 % | 54.0 % | 85.2 % | 80.4 % |
Gearing | 197.7 % | 172.9 % | 37.3 % | 9.3 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 1.3 | 2.0 | 5.9 | 4.5 |
Current ratio | 1.5 | 1.6 | 2.0 | 5.9 | 4.5 |
Cash and cash equivalents | 12.41 | 134.92 | 964.65 | 433.12 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | BBB | BBB | BB |
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