NORTHSIDE ENTERTAINMENT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About NORTHSIDE ENTERTAINMENT ApS
NORTHSIDE ENTERTAINMENT ApS (CVR number: 32878814) is a company from AARHUS. The company recorded a gross profit of -8670.8 kDKK in 2023. The operating profit was -8928.5 kDKK, while net earnings were -6875.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -36.8 %, which can be considered poor and Return on Equity (ROE) was -64.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 58 %, 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. NORTHSIDE ENTERTAINMENT ApS's liquidity measured by quick ratio was 3.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 903.04 | 43.60 | - 585.39 | 15 463.65 | -8 670.84 |
EBIT | 1 746.33 | - 121.50 | - 585.39 | 12 776.98 | -8 928.53 |
Net earnings | 1 645.02 | -92.59 | - 594.91 | 10 321.07 | -6 875.34 |
Shareholders equity total | 4 487.05 | 4 394.46 | 3 799.55 | 14 120.61 | 7 245.27 |
Balance sheet total (assets) | 21 135.89 | 35 448.54 | 44 712.65 | 29 132.57 | 17 038.34 |
Net debt | -8 672.06 | - 381.50 | -5 595.00 | -14 294.97 | -5 031.97 |
Profitability | |||||
EBIT-% | |||||
ROA | 10.6 % | -0.1 % | -1.2 % | 36.2 % | -36.8 % |
ROE | 44.9 % | -2.1 % | -14.5 % | 115.2 % | -64.4 % |
ROI | 42.7 % | -0.4 % | -10.9 % | 147.4 % | -78.7 % |
Economic value added (EVA) | 1 810.01 | 127.36 | - 865.82 | 10 066.48 | -7 204.13 |
Solvency | |||||
Equity ratio | 66.0 % | 32.5 % | 28.5 % | 66.4 % | 58.0 % |
Gearing | 7.9 % | 15.0 % | 1.4 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 9.0 | 3.8 | 4.6 | 4.0 | 3.1 |
Current ratio | 1.3 | 1.1 | 1.1 | 1.9 | 1.7 |
Cash and cash equivalents | 9 025.00 | 1 039.50 | 5 595.00 | 14 498.10 | 5 031.97 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BB | A | BBB |
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