NORTHAID ApS — Credit Rating and Financial Key Figures

NORTHAID ApS (CVR number: 35412638) is a company from VARDE. The company recorded a gross profit of -111.5 kDKK in 2023. The operating profit was -111.5 kDKK, while net earnings were -119.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.6 %, which can be considered poor and Return on Equity (ROE) was -30.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. NORTHAID 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.