76 North Group A/S — Credit Rating and Financial Key Figures

76 North Group A/S (CVR number: 42860514) is a company from SERMERSOOQ. The company recorded a gross profit of -306.7 kDKK in 2022. The operating profit was -306.7 kDKK, while net earnings were -318.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -135.8 %, which can be considered poor and Return on Equity (ROE) was -175.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 80 %, 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. 76 North Group A/S's liquidity measured by quick ratio was 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.