NORTH SEA CAPITAL A/S — Credit Rating and Financial Key Figures

CVR number: 29214689
Ny Vestergade 13, 1471 København K
tel: 33410500

Credit rating

Company information

Official name
NORTH SEA CAPITAL A/S
Personnel
9 persons
Established
2005
Company form
Limited company
Industry
  • Expand more icon66Activities auxiliary to financial services and insurance activities

About NORTH SEA CAPITAL A/S

NORTH SEA CAPITAL A/S (CVR number: 29214689) is a company from KØBENHAVN. The company recorded a gross profit of 7982.6 kDKK in 2023. The operating profit was 164.4 kDKK, while net earnings were 363.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak and Return on Equity (ROE) was 2.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 93.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. NORTH SEA CAPITAL A/S's liquidity measured by quick ratio was 6.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit29 679.2926 420.9314 690.298 886.167 982.63
EBIT18 185.2414 181.097 318.411 801.76164.41
Net earnings14 040.9710 984.406 151.292 416.90363.61
Shareholders equity total29 839.5512 945.6814 112.6315 708.1016 071.71
Balance sheet total (assets)37 396.4416 956.2115 091.4917 471.6517 228.21
Net debt-15 929.76-9 603.41-6 402.85-5 956.57-5 929.08
Profitability
EBIT-%
ROA61.3 %52.3 %49.0 %17.1 %2.1 %
ROE59.6 %51.3 %45.5 %16.2 %2.3 %
ROI77.3 %66.1 %57.7 %18.7 %2.3 %
Economic value added (EVA)14 218.6710 359.045 652.911 241.79- 317.32
Solvency
Equity ratio79.8 %76.3 %93.5 %89.9 %93.3 %
Gearing0.0 %1.5 %0.0 %0.3 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio4.63.08.44.76.5
Current ratio4.63.08.44.76.5
Cash and cash equivalents15 932.829 799.076 402.906 001.605 929.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:2.09%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.3%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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