NORTH ApS — Credit Rating and Financial Key Figures

CVR number: 26446481
Nakskovvej 17, 6000 Kolding

Company information

Official name
NORTH ApS
Personnel
1 person
Established
2002
Company form
Private limited company
Industry

About NORTH ApS

NORTH ApS (CVR number: 26446481) is a company from KOLDING. The company recorded a gross profit of 272 kDKK in 2024. The operating profit was 224.6 kDKK, while net earnings were 384 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.3 %, which can be considered good and Return on Equity (ROE) was 13 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 48.1 %, 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. NORTH ApS's liquidity measured by quick ratio was 1 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit319.70303.15336.18362.37271.98
EBIT319.70303.15336.18362.37224.56
Net earnings160.10155.15181.23512.09384.04
Shareholders equity total2 144.992 200.142 331.382 793.473 127.51
Balance sheet total (assets)5 876.205 896.385 980.445 474.856 534.95
Net debt2 876.702 826.692 681.001 405.372 194.12
Profitability
EBIT-%
ROA5.5 %5.2 %5.7 %13.4 %11.3 %
ROE7.6 %7.1 %8.0 %20.0 %13.0 %
ROI5.6 %5.3 %5.8 %14.0 %11.8 %
Economic value added (EVA)13.345.0333.8864.89-13.84
Solvency
Equity ratio36.7 %37.4 %39.2 %51.3 %48.1 %
Gearing151.6 %146.4 %135.1 %75.0 %90.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.60.72.21.0
Current ratio0.70.60.72.11.0
Cash and cash equivalents376.11393.79469.50690.10625.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:11.3%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.1%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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