The Northern ApS — Credit Rating and Financial Key Figures

The Northern ApS (CVR number: 41745657) is a company from TØNDER. The company recorded a gross profit of 198.6 kDKK in 2023. The operating profit was -83.7 kDKK, while net earnings were -72.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -62.2 %, which can be considered poor and Return on Equity (ROE) was -125.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -27.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. The Northern ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.