Great Northern Fx ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Great Northern Fx ApS
Great Northern Fx ApS (CVR number: 39071991) is a company from SØNDERBORG. The company recorded a gross profit of -10.4 kDKK in 2023. The operating profit was -10.4 kDKK, while net earnings were -10.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14.6 %, which can be considered poor and Return on Equity (ROE) was -32.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 40.4 %, 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. Great Northern Fx ApS's liquidity measured by quick ratio was 1.7 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 | -11.92 | -1.01 | 36.56 | 11.02 | -10.37 |
EBIT | -11.92 | -1.01 | 36.56 | 11.02 | -10.37 |
Net earnings | -11.92 | -1.01 | 35.11 | 4.88 | -10.52 |
Shareholders equity total | -24.02 | -24.02 | 32.41 | 37.29 | 26.76 |
Balance sheet total (assets) | 16.07 | 14.57 | 65.44 | 75.22 | 66.32 |
Net debt | 38.57 | 38.18 | -51.27 | -75.22 | -66.32 |
Profitability | |||||
EBIT-% | |||||
ROA | -29.7 % | -2.6 % | 70.3 % | 15.7 % | -14.6 % |
ROE | -74.2 % | -6.6 % | 149.4 % | 14.0 % | -32.9 % |
ROI | -30.9 % | -2.6 % | 103.0 % | 31.6 % | -32.3 % |
Economic value added (EVA) | -10.71 | 0.19 | 37.78 | 8.77 | -8.46 |
Solvency | |||||
Equity ratio | -59.9 % | -62.2 % | 49.5 % | 49.6 % | 40.4 % |
Gearing | -160.7 % | -160.7 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 2.0 | 1.7 | ||
Current ratio | 1.3 | 2.0 | 1.7 | ||
Cash and cash equivalents | 0.02 | 0.41 | 51.27 | 75.22 | 66.32 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | B | B |
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