Northern Heritage IVS — Credit Rating and Financial Key Figures

Northern Heritage IVS (CVR number: 38716360) is a company from HERLEV. The company reported a net sales of 0 mDKK in 2019, demonstrating a decline of -74.9 % compared to the previous year. The operating profit percentage was at 41.5 % (EBIT: 0 mDKK), while net earnings were 12.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 56.3 %, which can be considered excellent and Return on Equity (ROE) was 81.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.2 %, 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. Northern Heritage IVS'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.