21ST NORTH ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About 21ST NORTH ApS
21ST NORTH ApS (CVR number: 32445705) is a company from KERTEMINDE. The company recorded a gross profit of 321.9 kDKK in 2023. The operating profit was -277.4 kDKK, while net earnings were -261.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.4 %, which can be considered poor and Return on Equity (ROE) was -16.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 57.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. 21ST NORTH ApS's liquidity measured by quick ratio was 2.1 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 010.46 | 655.68 | 2 766.68 | 6 987.22 | 321.87 |
EBIT | 194.16 | 41.94 | 584.91 | 2 582.32 | - 277.41 |
Net earnings | 195.00 | 232.97 | 583.01 | 2 027.97 | - 261.77 |
Shareholders equity total | - 601.34 | - 368.37 | 214.65 | 2 153.61 | 1 051.85 |
Balance sheet total (assets) | 116.38 | 499.93 | 1 240.41 | 4 093.78 | 1 818.36 |
Net debt | 37.22 | 10.52 | - 465.84 | -3 393.18 | - 342.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 22.1 % | 29.5 % | 55.5 % | 96.8 % | -9.4 % |
ROE | 104.1 % | 75.6 % | 163.2 % | 171.3 % | -16.3 % |
ROI | 308.3 % | 354.0 % | 401.0 % | 214.8 % | -17.1 % |
Economic value added (EVA) | 242.93 | 75.37 | 607.87 | 2 057.69 | - 162.36 |
Solvency | |||||
Equity ratio | -82.6 % | -38.9 % | 17.3 % | 52.6 % | 57.8 % |
Gearing | -10.7 % | -18.5 % | 4.2 % | 1.3 % | 0.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.3 | 1.0 | 2.0 | 2.1 |
Current ratio | 0.1 | 0.3 | 1.0 | 2.0 | 2.1 |
Cash and cash equivalents | 26.93 | 57.59 | 474.79 | 3 420.93 | 350.97 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BBB | BBB |
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