NORTHTECH ApS — Credit Rating and Financial Key Figures

CVR number: 10121361
Wildersgade 51, 1408 København K
kontakt@northtech.dk
www.northtech.dk

Credit rating

Company information

Official name
NORTHTECH ApS
Personnel
14 persons
Established
2003
Company form
Private limited company
Industry

About NORTHTECH ApS

NORTHTECH ApS (CVR number: 10121361) is a company from KØBENHAVN. The company recorded a gross profit of 8639.9 kDKK in 2024. The operating profit was 353.7 kDKK, while net earnings were 265.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.7 %, which can be considered good and Return on Equity (ROE) was 11.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 62 %, 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. NORTHTECH ApS's liquidity measured by quick ratio was 3.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit6 443.795 797.058 056.287 944.488 639.89
EBIT785.1935.63606.50- 297.15353.72
Net earnings598.075.32420.84- 252.71265.66
Shareholders equity total1 583.77215.32636.16-42.711 639.80
Balance sheet total (assets)3 767.803 834.203 394.972 890.432 645.23
Net debt-2 317.93- 697.68- 355.27527.84-1 116.88
Profitability
EBIT-%
ROA24.8 %0.9 %16.8 %-9.4 %12.7 %
ROE40.3 %0.6 %98.8 %-14.3 %11.7 %
ROI41.8 %1.9 %28.8 %-14.7 %19.6 %
Economic value added (EVA)516.06-54.29385.48- 340.20202.58
Solvency
Equity ratio42.0 %5.6 %18.7 %-1.5 %62.0 %
Gearing658.0 %229.3 %-3415.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.71.01.21.03.2
Current ratio1.71.01.21.03.2
Cash and cash equivalents2 317.932 114.541 814.12931.011 116.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:12.7%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.0%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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