North Folk ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About North Folk ApS
North Folk ApS (CVR number: 42419907) is a company from KOLDING. The company recorded a gross profit of 589.2 kDKK in 2023. The operating profit was -37.3 kDKK, while net earnings were -37.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.8 %, which can be considered poor and Return on Equity (ROE) was -6.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 71.6 %, 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. North Folk ApS's liquidity measured by quick ratio was 3.5 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 financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 172.75 | 757.27 | 589.23 |
EBIT | 145.83 | 549.80 | -37.32 |
Net earnings | 113.69 | 427.87 | -37.32 |
Shareholders equity total | 173.69 | 601.56 | 564.24 |
Balance sheet total (assets) | 307.93 | 751.09 | 788.08 |
Net debt | - 257.31 | - 700.46 | - 737.46 |
Profitability | |||
EBIT-% | |||
ROA | 47.4 % | 103.8 % | -4.8 % |
ROE | 65.5 % | 110.4 % | -6.4 % |
ROI | 84.0 % | 141.8 % | -6.4 % |
Economic value added (EVA) | 113.74 | 432.83 | -32.35 |
Solvency | |||
Equity ratio | 56.4 % | 80.1 % | 71.6 % |
Gearing | |||
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 2.3 | 5.0 | 3.5 |
Current ratio | 2.3 | 5.0 | 3.5 |
Cash and cash equivalents | 257.31 | 700.46 | 737.46 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BB | BB | BB |
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