North Funding ApS — Credit Rating and Financial Key Figures

North Funding ApS (CVR number: 41248807) is a company from AALBORG. The company recorded a gross profit of -24.6 kDKK in 2022. The operating profit was -24.6 kDKK, while net earnings were -19.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -48.6 %, which can be considered poor and Return on Equity (ROE) was -56.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 59.7 %, 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 Funding ApS'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.