Northern Decoration ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Northern Decoration ApS
Northern Decoration ApS (CVR number: 41391103) is a company from HORSENS. The company recorded a gross profit of -79.3 kDKK in 2024. The operating profit was -79.3 kDKK, while net earnings were -79.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -84 %, which can be considered poor and Return on Equity (ROE) was -116.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 63.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Northern Decoration ApS's liquidity measured by quick ratio was 2.7 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 66.84 | -11.75 | 13.07 | -79.29 | |
EBIT | 66.84 | -11.75 | 13.07 | -79.29 | |
Net earnings | 51.40 | -9.76 | 9.99 | -79.22 | |
Shareholders equity total | 91.40 | 81.64 | 91.63 | 91.63 | 43.96 |
Balance sheet total (assets) | 128.16 | 110.86 | 118.98 | 118.98 | 69.53 |
Net debt | -69.03 | -30.95 | -14.93 | -14.93 | -9.93 |
Profitability | |||||
EBIT-% | |||||
ROA | 52.2 % | -9.8 % | 11.4 % | -84.0 % | |
ROE | 56.2 % | -11.3 % | 11.5 % | -116.8 % | |
ROI | 73.1 % | -13.6 % | 15.1 % | -116.8 % | |
Economic value added (EVA) | 52.00 | -13.79 | 6.10 | -4.60 | -83.89 |
Solvency | |||||
Equity ratio | 71.3 % | 73.6 % | 77.0 % | 77.0 % | 63.2 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.5 | 3.0 | 3.1 | 3.1 | 2.7 |
Current ratio | 3.5 | 3.8 | 4.3 | 4.3 | 2.7 |
Cash and cash equivalents | 69.03 | 30.95 | 14.93 | 14.93 | 9.93 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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