55North ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About 55North ApS
55North ApS (CVR number: 42481777) is a company from FREDERIKSBERG. The company recorded a gross profit of -21.4 kDKK in 2024. The operating profit was -21.4 kDKK, while net earnings were -463 kDKK. The profitability of the company measured by Return on Assets (ROA) was 30.2 %, which can be considered excellent but Return on Equity (ROE) was -110.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -35.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. 55North ApS's liquidity measured by quick ratio was 13.2 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 financials2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | ||||
| Gross profit | -7.00 | -17.00 | -13.00 | -21.45 |
| EBIT | -7.00 | -17.00 | -13.00 | -21.45 |
| Net earnings | -8.00 | -17.00 | -20.00 | - 462.98 |
| Shareholders equity total | 32.00 | 35.00 | 15.00 | - 448.24 |
| Balance sheet total (assets) | 39.00 | 47.00 | 1 231.00 | 819.78 |
| Net debt | 1 013.00 | 1 076.86 | ||
| Profitability | ||||
| EBIT-% | ||||
| ROA | -17.9 % | -39.5 % | -2.0 % | 30.2 % |
| ROE | -25.0 % | -50.7 % | -80.0 % | -110.9 % |
| ROI | -21.9 % | -50.7 % | -2.1 % | -33.5 % |
| Economic value added (EVA) | -7.00 | -18.61 | -14.76 | -82.70 |
| Solvency | ||||
| Equity ratio | 82.1 % | 74.5 % | 1.2 % | -35.3 % |
| Gearing | 8026.7 % | -279.3 % | ||
| Relative net indebtedness % | ||||
| Liquidity | ||||
| Quick ratio | 5.6 | 3.9 | 18.7 | 13.2 |
| Current ratio | 5.6 | 3.9 | 18.7 | 13.2 |
| Cash and cash equivalents | 191.00 | 175.30 | ||
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | ||||
| Credit risk | ||||
| Credit rating | BB | BB | BBB | BB |
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