NORTHERN ATLANTIC FINANCE ApS — Credit Rating and Financial Key Figures

CVR number: 87806715
Ankeret 5 A, 9220 Aalborg Øst

Company information

Official name
NORTHERN ATLANTIC FINANCE ApS
Established
1978
Company form
Private limited company
Industry

About NORTHERN ATLANTIC FINANCE ApS

NORTHERN ATLANTIC FINANCE ApS (CVR number: 87806715) is a company from AALBORG. The company recorded a gross profit of -37 kDKK in 2024. The operating profit was -37 kDKK, while net earnings were 2455 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10 %, which can be considered good and Return on Equity (ROE) was 12.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 48.6 %, 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 ATLANTIC FINANCE ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit-43.00-25.00-31.00-42.00-37.00
EBIT-43.00-25.00-31.00-42.00-37.00
Net earnings1 996.001 884.001 512.003 002.002 455.00
Shareholders equity total11 925.0013 809.0015 321.0018 321.0020 776.00
Balance sheet total (assets)33 234.0034 461.0036 505.0039 766.0042 771.00
Net debt20 309.0019 690.0020 141.0020 572.0021 022.00
Profitability
EBIT-%
ROA10.1 %9.3 %7.8 %11.7 %10.0 %
ROE18.3 %14.6 %10.4 %17.8 %12.6 %
ROI10.1 %9.3 %7.8 %11.7 %10.0 %
Economic value added (EVA)905.02831.83850.08864.48952.20
Solvency
Equity ratio35.9 %40.1 %42.0 %46.1 %48.6 %
Gearing171.3 %143.4 %132.8 %112.4 %101.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.50.50.60.6
Current ratio0.50.50.50.60.6
Cash and cash equivalents124.00118.00204.0027.00125.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:10.0%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.6%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer
Chairman of the board
Board member

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