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NORTHERN HORIZON A/S — Credit Rating and Financial Key Figures

CVR number: 27599397
Christian IX's Gade 2, 1111 København K
https://www.nh-cap.com/

Company information

Official name
NORTHERN HORIZON A/S
Personnel
4 persons
Established
2004
Company form
Limited company
Industry

About NORTHERN HORIZON A/S

NORTHERN HORIZON A/S (CVR number: 27599397K) is a company from KØBENHAVN. The company reported a net sales of 54.6 mDKK in 2025, demonstrating a growth of 14.3 % compared to the previous year. The operating profit percentage was at 1.6 % (EBIT: 0.9 mDKK), while net earnings were 1905 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent and Return on Equity (ROE) was 6.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 40.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. NORTHERN HORIZON A/S's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2021
2022
2023
2024
2025
Volume
Net sales44.8451.3963.0547.7554.58
Gross profit29.7432.5941.3527.9232.43
EBIT29.7432.5941.35-1.630.86
Net earnings9.226.9910.822.191.91
Shareholders equity total39.7345.6752.4431.5233.46
Balance sheet total (assets)60.3977.8183.9761.0182.07
Net debt17.0220.11
Profitability
EBIT-%66.3 %63.4 %65.6 %-3.4 %1.6 %
ROA47.5 %47.2 %51.1 %8.0 %5.9 %
ROE19.4 %16.4 %22.1 %5.4 %6.3 %
ROI47.5 %47.2 %51.1 %8.5 %6.9 %
Economic value added (EVA)26.9530.5939.06-3.79-2.00
Solvency
Equity ratio100.0 %100.0 %100.0 %51.7 %40.8 %
Gearing61.9 %76.5 %
Relative net indebtedness %56.6 %79.0 %
Liquidity
Quick ratio1.30.8
Current ratio1.30.8
Cash and cash equivalents2.485.50
Capital use efficiency
Trade debtors turnover (days)51.85.5
Net working capital %8.0 %-9.2 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:5.94%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:40.8%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
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Roles

Chairman of the board

Companies in the same industry

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