Up North Co. ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Up North Co. ApS
Up North Co. ApS (CVR number: 39122847) is a company from KØBENHAVN. The company recorded a gross profit of -3.3 kDKK in 2024. The operating profit was -3.3 kDKK, while net earnings were -86.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -21.8 %, which can be considered poor and Return on Equity (ROE) was -27.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 78.7 %, 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. Up North Co. ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -3.00 | -3.00 | -2.94 | -5.11 | -3.27 |
| EBIT | -3.00 | -3.00 | -2.94 | -5.11 | -3.27 |
| Net earnings | 107.00 | - 116.00 | 92.66 | 323.28 | -86.34 |
| Shareholders equity total | 221.00 | 105.00 | 197.71 | 357.51 | 271.17 |
| Balance sheet total (assets) | 284.00 | 236.00 | 345.61 | 470.82 | 344.46 |
| Net debt | -26.00 | 28.02 | 35.23 | -12.36 | |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 53.4 % | -43.5 % | 48.4 % | 74.0 % | -21.8 % |
| ROE | 64.1 % | -71.2 % | 61.2 % | 116.5 % | -27.5 % |
| ROI | 63.5 % | -53.3 % | 55.4 % | 83.3 % | -24.8 % |
| Economic value added (EVA) | -8.68 | -14.11 | -13.14 | -18.97 | -24.40 |
| Solvency | |||||
| Equity ratio | 77.8 % | 44.5 % | 57.2 % | 75.9 % | 78.7 % |
| Gearing | 93.3 % | 54.5 % | 17.6 % | 9.2 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.0 | 0.9 | 0.6 | 1.3 | 0.6 |
| Current ratio | 1.0 | 0.9 | 0.6 | 1.3 | 0.6 |
| Cash and cash equivalents | 124.00 | 79.64 | 27.67 | 37.36 | |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BBB | BBB | BB |
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