NORTH FLYING A/S — Credit Rating and Financial Key Figures

NORTH FLYING A/S (CVR number: 14681191) is a company from AALBORG. The company recorded a gross profit of 18.9 mDKK in 2023. The operating profit was -4921.1 kDKK, while net earnings were -4048.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -23.1 %, which can be considered poor and Return on Equity (ROE) was -43.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 45.6 %, 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. NORTH FLYING A/S's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.