NORTHLINE TRADING ApS — Credit Rating and Financial Key Figures

CVR number: 30610024
Agertoften 25, 9460 Brovst
mail@northline.dk
tel: 98231313

Credit rating

Company information

Official name
NORTHLINE TRADING ApS
Established
2007
Company form
Private limited company
Industry

About NORTHLINE TRADING ApS

NORTHLINE TRADING ApS (CVR number: 30610024) is a company from JAMMERBUGT. The company recorded a gross profit of -5.9 kDKK in 2023. The operating profit was -5.9 kDKK, while net earnings were 110.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.2 %, which can be considered good but Return on Equity (ROE) was 7.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 77.4 %, 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. NORTHLINE TRADING ApS's liquidity measured by quick ratio was 4.4 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 profit-30.00-32.67-23.92-10.29-5.90
EBIT-30.00-32.67-23.92-10.29-5.90
Net earnings162.40-53.34172.55- 232.91110.62
Shareholders equity total1 913.141 749.201 808.751 495.841 526.46
Balance sheet total (assets)2 107.412 063.342 270.941 852.911 971.51
Net debt-1 979.68-1 886.31-2 114.76-1 743.45-1 862.77
Profitability
EBIT-%
ROA10.2 %0.9 %10.8 %-13.7 %8.2 %
ROE8.6 %-2.9 %9.7 %-14.1 %7.3 %
ROI10.5 %1.0 %12.1 %-16.1 %10.0 %
Economic value added (EVA)-12.47-16.29-4.1215.209.39
Solvency
Equity ratio90.8 %84.8 %79.6 %80.7 %77.4 %
Gearing6.1 %8.7 %8.6 %2.1 %4.9 %
Relative net indebtedness %
Liquidity
Quick ratio10.86.64.95.24.4
Current ratio10.86.64.95.24.4
Cash and cash equivalents2 096.152 038.602 270.941 774.241 937.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:8.21%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.4%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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