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NORTH ApS — Credit Rating and Financial Key Figures

CVR number: 26446481
Nakskovvej 17, 6000 Kolding
Free credit report Annual report

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 325.9 kDKK in 2025. The operating profit was 187.6 kDKK, while net earnings were 44.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.2 %, which can be considered weak and Return on Equity (ROE) was 1.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 48.5 %, 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
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit303.15336.18362.37271.98325.91
EBIT303.15336.18362.37668.84187.62
Net earnings155.15181.23512.09384.0444.51
Shareholders equity total2 200.142 331.382 793.473 127.513 122.02
Balance sheet total (assets)5 896.385 980.445 474.856 534.956 465.29
Net debt2 826.692 681.001 405.372 194.122 290.82
Profitability
EBIT-%
ROA5.2 %5.7 %13.4 %11.3 %3.2 %
ROE7.1 %8.0 %20.0 %13.0 %1.4 %
ROI5.3 %5.8 %14.0 %11.8 %3.3 %
Economic value added (EVA)-51.62-27.60-2.25259.84- 169.59
Solvency
Equity ratio37.4 %39.2 %51.3 %48.1 %48.5 %
Gearing146.4 %135.1 %75.0 %90.2 %90.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.72.21.01.0
Current ratio0.60.72.11.00.9
Cash and cash equivalents393.79469.50690.10625.60528.90
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:3.22%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:48.5%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
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