North Ventures ApS — Credit Rating and Financial Key Figures

CVR number: 38195573
Kongens Nytorv 3, 1050 København K
kontakt@northventures.dk
tel: 71747020
www.northventures.dk

Credit rating

Company information

Official name
North Ventures ApS
Personnel
3 persons
Established
2016
Company form
Private limited company
Industry
  • Expand more icon66Activities auxiliary to financial services and insurance activities

About North Ventures ApS

North Ventures ApS (CVR number: 38195573) is a company from KØBENHAVN. The company recorded a gross profit of 3661.4 kDKK in 2023. The operating profit was -1908 kDKK, while net earnings were -4767.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4 %, which can be considered poor and Return on Equity (ROE) was -11.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. North Ventures ApS's liquidity measured by quick ratio was 31.6 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
2019
2020
2021
2022
2023
Volume
Net sales7 379.6325 181.52
Gross profit2 353.415 703.2622 155.3212 857.213 661.39
EBIT2 353.415 702.0738 836.895 688.75-1 907.98
Net earnings-14.954 380.0435 244.381 392.63-4 767.28
Shareholders equity total1 063.506 326.0841 570.4642 963.0938 195.81
Balance sheet total (assets)1 863.509 086.9749 367.0445 685.6939 383.67
Net debt-1 813.50-4 636.97-46 568.93-42 541.40-34 108.76
Profitability
EBIT-%77.3 %154.2 %
ROA163.9 %104.2 %135.4 %12.5 %-4.0 %
ROE-2.7 %118.5 %147.2 %3.3 %-11.7 %
ROI422.7 %154.4 %165.2 %14.1 %-4.2 %
Economic value added (EVA)2 389.144 416.3934 526.514 290.19-1 873.95
Solvency
Equity ratio57.1 %69.6 %84.2 %94.0 %97.0 %
Gearing2.3 %
Relative net indebtedness %-25.4 %-154.0 %
Liquidity
Quick ratio2.33.36.216.431.6
Current ratio2.33.36.216.431.6
Cash and cash equivalents1 813.504 636.9746 568.9342 541.4035 004.71
Capital use efficiency
Trade debtors turnover (days)216.623.5
Net working capital %36.8 %1.7 %
Credit risk
Credit ratingBBBBBBBBBAAA

Variable visualization

ROA:-4.03%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.0%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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