Northforge ApS — Credit Rating and Financial Key Figures

Northforge ApS (CVR number: 41024607) is a company from KØBENHAVN. The company recorded a gross profit of -18.5 kDKK in 2024. The operating profit was -18.5 kDKK, while net earnings were -23.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -108 %, which can be considered poor and Return on Equity (ROE) was -181.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -43.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Northforge 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.