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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: 27599397) is a company from KØBENHAVN. The company reported a net sales of 11.9 mDKK in 2025, demonstrating a growth of 78.5 % compared to the previous year. The operating profit percentage was poor at -20.8 % (EBIT: -2.5 mDKK), while net earnings were 2029 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.3 %, which can be considered good but Return on Equity (ROE) was 6.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 59.7 %, 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 1.6 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
2024
2025
Volume
Net sales6 638.0011 852.00
Gross profit1 058.003 100.00
EBIT-6 113.00-2 462.00
Net earnings-2.002 029.00
Shareholders equity total29 221.0031 290.00
Balance sheet total (assets)67 907.0052 414.00
Net debt36 576.0016 833.00
Profitability
EBIT-%-92.1 %-20.8 %
ROA4.0 %8.3 %
ROE-0.0 %6.7 %
ROI4.1 %8.6 %
Economic value added (EVA)-6 569.34-5 778.25
Solvency
Equity ratio43.0 %59.7 %
Gearing125.8 %62.1 %
Relative net indebtedness %579.8 %156.2 %
Liquidity
Quick ratio0.21.6
Current ratio0.21.6
Cash and cash equivalents198.002 612.00
Capital use efficiency
Trade debtors turnover (days)0.7
Net working capital %-275.7 %28.7 %
Credit risk
Credit ratingBBBA

Variable visualization

ROA:8.32%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:59.7%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
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Roles

Chairman of the board

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