NORTHERN OFFSHORE SERVICES A/S — Credit Rating and Financial Key Figures

NORTHERN OFFSHORE SERVICES A/S (CVR number: 32781020) is a company from KØBENHAVN. The company reported a net sales of 360.7 mDKK in 2024, demonstrating a growth of 20.6 % compared to the previous year. The operating profit percentage was at 13.8 % (EBIT: 49.8 mDKK), while net earnings were 6568.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.6 %, which can be considered decent and Return on Equity (ROE) was 6.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 8.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. NORTHERN OFFSHORE SERVICES A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.