NORTHSIDE ENTERTAINMENT ApS — Credit Rating and Financial Key Figures

CVR number: 32878814
Studsgade 35 B, 8000 Aarhus C
oko@northside.dk
tel: 70202622
www.northside.dk

Company information

Official name
NORTHSIDE ENTERTAINMENT ApS
Established
2010
Company form
Private limited company
Industry

About NORTHSIDE ENTERTAINMENT ApS

NORTHSIDE ENTERTAINMENT ApS (CVR number: 32878814) is a company from AARHUS. The company recorded a gross profit of -8529.1 kDKK in 2024. The operating profit was -8786.8 kDKK, while net earnings were -6624.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -46.8 %, which can be considered poor and Return on Equity (ROE) was -168.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 10.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. NORTHSIDE ENTERTAINMENT ApS's liquidity measured by quick ratio was 3.3 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit43.60- 585.3915 463.65-8 670.84-8 529.10
EBIT- 121.50- 585.3912 776.98-8 928.53-8 786.79
Net earnings-92.59- 594.9110 321.07-6 875.34-6 624.93
Shareholders equity total4 394.463 799.5514 120.617 245.27620.34
Balance sheet total (assets)35 448.5444 712.6529 132.5717 038.3419 092.72
Net debt- 381.50-5 595.00-14 294.97-5 031.97-9 278.04
Profitability
EBIT-%
ROA-0.1 %-1.2 %36.2 %-36.8 %-46.8 %
ROE-2.1 %-14.5 %115.2 %-64.4 %-168.5 %
ROI-0.4 %-10.9 %147.4 %-78.7 %-214.8 %
Economic value added (EVA)- 343.88- 951.129 785.33-7 942.86-7 253.81
Solvency
Equity ratio32.5 %28.5 %66.4 %58.0 %10.1 %
Gearing15.0 %1.4 %
Relative net indebtedness %
Liquidity
Quick ratio3.84.64.03.13.3
Current ratio1.11.11.91.71.0
Cash and cash equivalents1 039.505 595.0014 498.105 031.979 278.04
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-46.8%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:10.1%
Rating: 10/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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