Housing North ApS — Credit Rating and Financial Key Figures

Housing North ApS (CVR number: 40941673) is a company from GLADSAXE. The company recorded a gross profit of -47.6 kDKK in 2023. The operating profit was -47.6 kDKK, while net earnings were 113.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.5 %, which can be considered poor but Return on Equity (ROE) was 35.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 4.2 %, 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. Housing North ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.