GREAT NORTHERN A/S — Credit Rating and Financial Key Figures

GREAT NORTHERN A/S (CVR number: 35801987) is a company from KERTEMINDE. The company recorded a gross profit of 16.2 mDKK in 2023. The operating profit was -28.3 mDKK, while net earnings were -28.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was -67.3 %, which can be considered poor and Return on Equity (ROE) was -133 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 56 %, 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. GREAT NORTHERN A/S's liquidity measured by quick ratio was 1.7 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.