56° North Nutrition ApS — Credit Rating and Financial Key Figures

CVR number: 41734825
Kringelholm 154, 3250 Gilleleje
tel: 22195443

Credit rating

Company information

Official name
56° North Nutrition ApS
Established
2020
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About 56° North Nutrition ApS

56° North Nutrition ApS (CVR number: 41734825) is a company from GRIBSKOV. The company recorded a gross profit of -3.2 kDKK in 2023. The operating profit was -3.2 kDKK, while net earnings were -3.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.1 %, which can be considered poor and Return on Equity (ROE) was -11.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 90.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. 56° North Nutrition ApS's liquidity measured by quick ratio was 10.1 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
Volume
Net sales
Gross profit-4.60-4.03-3.25
EBIT-4.60-4.03-3.25
Net earnings-5.01-4.34-3.24
Shareholders equity total34.9930.6627.41
Balance sheet total (assets)37.9933.6630.42
Net debt-37.87-32.54-24.89
Profitability
EBIT-%
ROA-12.1 %-11.2 %-10.1 %
ROE-14.3 %-13.2 %-11.2 %
ROI-13.1 %-12.3 %-11.2 %
Economic value added (EVA)-4.60-3.88-3.15
Solvency
Equity ratio92.1 %91.1 %90.1 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio12.711.210.1
Current ratio12.711.210.1
Cash and cash equivalents37.8732.5424.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBB

Variable visualization

ROA:-10.1%
Rating: 10/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.1%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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