NORTHERN E-commerce ApS — Credit Rating and Financial Key Figures

CVR number: 38716921
Amagerfælledvej 106, 2300 København S
tel: 21904018

Credit rating

Company information

Official name
NORTHERN E-commerce ApS
Personnel
2 persons
Established
2017
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About NORTHERN E-commerce ApS

NORTHERN E-commerce ApS (CVR number: 38716921) is a company from KØBENHAVN. The company recorded a gross profit of 944.4 kDKK in 2023. The operating profit was 281 kDKK, while net earnings were 222.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 52.4 %, which can be considered excellent and Return on Equity (ROE) was 112.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 41 %, 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. NORTHERN E-commerce ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit22.19358.31738.84520.29944.36
EBIT-88.9163.49-43.63-47.54281.00
Net earnings-88.4640.04-54.61-83.90222.35
Shareholders equity total40.34237.16170.2186.31308.66
Balance sheet total (assets)248.81679.83803.48322.13752.38
Net debt51.93- 120.7756.71-2.56- 637.74
Profitability
EBIT-%
ROA-29.1 %13.7 %-5.9 %-8.4 %52.4 %
ROE-104.6 %28.9 %-26.8 %-65.4 %112.6 %
ROI-80.2 %38.2 %-15.7 %-23.4 %142.4 %
Economic value added (EVA)-78.8042.30-39.39-39.69225.69
Solvency
Equity ratio16.2 %34.9 %21.2 %26.8 %41.0 %
Gearing128.7 %1.7 %86.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.50.50.31.4
Current ratio1.21.51.31.41.7
Cash and cash equivalents124.7190.402.56637.74
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:52.4%
Rating: 96/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:41.0%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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