NORTHLINE TRADING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 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 earnings | 162.40 | -53.34 | 172.55 | - 232.91 | 110.62 |
| Shareholders equity total | 1 913.14 | 1 749.20 | 1 808.75 | 1 495.84 | 1 526.46 |
| Balance sheet total (assets) | 2 107.41 | 2 063.34 | 2 270.94 | 1 852.91 | 1 971.51 |
| Net debt | -1 979.68 | -1 886.31 | -2 114.76 | -1 743.45 | -1 862.77 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 10.2 % | 0.9 % | 10.8 % | -13.7 % | 8.2 % |
| ROE | 8.6 % | -2.9 % | 9.7 % | -14.1 % | 7.3 % |
| ROI | 10.5 % | 1.0 % | 12.1 % | -16.1 % | 10.0 % |
| Economic value added (EVA) | -12.47 | -16.29 | -4.12 | 15.20 | 9.39 |
| Solvency | |||||
| Equity ratio | 90.8 % | 84.8 % | 79.6 % | 80.7 % | 77.4 % |
| Gearing | 6.1 % | 8.7 % | 8.6 % | 2.1 % | 4.9 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 10.8 | 6.6 | 4.9 | 5.2 | 4.4 |
| Current ratio | 10.8 | 6.6 | 4.9 | 5.2 | 4.4 |
| Cash and cash equivalents | 2 096.15 | 2 038.60 | 2 270.94 | 1 774.24 | 1 937.08 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BBB | BB | BBB |
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