True North Designs ApS — Credit Rating and Financial Key Figures

True North Designs ApS (CVR number: 37004871) is a company from SILKEBORG. The company recorded a gross profit of 1398 kDKK in 2023. The operating profit was 1388.7 kDKK, while net earnings were 1081.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 62.6 %, which can be considered excellent and Return on Equity (ROE) was 154.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 61.8 %, 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. True North Designs ApS's liquidity measured by quick ratio was 2.6 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.