Northware ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Northware ApS
Northware ApS (CVR number: 41365897) is a company from KØBENHAVN. The company recorded a gross profit of 23.4 kDKK in 2024. The operating profit was -17.6 kDKK, while net earnings were -22.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.5 %, which can be considered poor and Return on Equity (ROE) was -10.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -24.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Northware ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 5.66 | ||||
| Gross profit | -29.03 | 449.24 | 324.22 | 431.48 | 23.37 |
| EBIT | -29.03 | 257.55 | - 291.28 | 67.32 | -17.57 |
| Net earnings | -29.19 | 206.05 | - 297.08 | 61.64 | -22.72 |
| Shareholders equity total | 10.81 | 216.86 | - 100.22 | -38.62 | -61.33 |
| Balance sheet total (assets) | 71.34 | 603.61 | 215.84 | 246.67 | 192.51 |
| Net debt | -15.54 | - 139.45 | -1.44 | 36.61 | 8.90 |
| Profitability | |||||
| EBIT-% | -513.0 % | ||||
| ROA | -40.7 % | 76.3 % | -63.3 % | 22.4 % | -6.5 % |
| ROE | -270.1 % | 181.0 % | -137.3 % | 26.7 % | -10.3 % |
| ROI | -43.6 % | 90.5 % | -83.4 % | 35.4 % | -9.4 % |
| Economic value added (EVA) | -29.03 | 203.39 | - 318.69 | 62.51 | -24.91 |
| Solvency | |||||
| Equity ratio | 15.2 % | 35.9 % | -31.7 % | -13.5 % | -24.2 % |
| Gearing | 516.2 % | 131.8 % | -195.4 % | -478.5 % | -310.3 % |
| Relative net indebtedness % | -191.0 % | ||||
| Liquidity | |||||
| Quick ratio | 1.2 | 1.6 | 0.7 | 0.9 | 0.8 |
| Current ratio | 1.2 | 1.6 | 0.7 | 0.9 | 0.8 |
| Cash and cash equivalents | 71.34 | 425.25 | 197.24 | 148.17 | 181.43 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | 191.0 % | ||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | BB |
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