Board:Up North ApS — Credit Rating and Financial Key Figures

CVR number: 41881755
Peder Hausgaards Vej 34, Klitmøller 7700 Thisted

Company information

Official name
Board:Up North ApS
Established
2020
Domicile
Klitmøller
Company form
Private limited company
Industry

About Board:Up North ApS

Board:Up North ApS (CVR number: 41881755) is a company from THISTED. The company recorded a gross profit of 172.5 kDKK in 2024. The operating profit was 60.6 kDKK, while net earnings were 47 kDKK. The profitability of the company measured by Return on Assets (ROA) was 35.9 %, which can be considered excellent and Return on Equity (ROE) was 88.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 21.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Board:Up 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
Volume
Net sales
Gross profit214.06337.3391.18172.46
EBIT155.69246.4327.1160.59
Net earnings110.86187.2519.0546.98
Shareholders equity total150.91308.1667.3038.65
Balance sheet total (assets)258.23448.38160.85177.67
Net debt-81.35- 311.39-34.48-92.66
Profitability
EBIT-%
ROA60.3 %69.8 %9.0 %35.9 %
ROE73.5 %81.6 %10.1 %88.7 %
ROI100.0 %105.3 %14.3 %112.2 %
Economic value added (EVA)118.75183.244.7443.58
Solvency
Equity ratio58.4 %68.7 %41.8 %21.8 %
Gearing0.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.32.61.01.0
Current ratio1.32.61.01.0
Cash and cash equivalents81.45311.3934.4892.66
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:35.9%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:21.8%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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