NORTH by HEART ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About NORTH by HEART ApS
NORTH by HEART ApS (CVR number: 41838507) is a company from VORDINGBORG. The company recorded a gross profit of -65.3 kDKK in 2023. The operating profit was -65.3 kDKK, while net earnings were -56.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.9 %, which can be considered poor and Return on Equity (ROE) was -19.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 42 %, 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. NORTH by HEART ApS's liquidity measured by quick ratio was 0.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 202.94 | 164.89 | -65.33 |
EBIT | 202.94 | 164.89 | -65.33 |
Net earnings | 155.01 | 126.15 | -56.40 |
Shareholders equity total | 195.01 | 321.16 | 264.75 |
Balance sheet total (assets) | 421.08 | 685.62 | 630.23 |
Net debt | - 108.92 | -66.43 | -41.00 |
Profitability | |||
EBIT-% | |||
ROA | 48.2 % | 29.8 % | -9.9 % |
ROE | 79.5 % | 48.9 % | -19.3 % |
ROI | 77.2 % | 46.5 % | -15.1 % |
Economic value added (EVA) | 158.30 | 127.49 | -57.71 |
Solvency | |||
Equity ratio | 46.3 % | 46.8 % | 42.0 % |
Gearing | 34.8 % | 38.9 % | 56.3 % |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 1.1 | 1.1 | 0.7 |
Current ratio | 1.9 | 1.9 | 1.7 |
Cash and cash equivalents | 176.84 | 191.45 | 190.10 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BBB | BBB | BB |
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