55 ° North ApS — Credit Rating and Financial Key Figures

55 ° North ApS (CVR number: 41451467) is a company from GRIBSKOV. The company recorded a gross profit of 323.9 kDKK in 2023. The operating profit was 80.8 kDKK, while net earnings were 45.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.3 %, which can be considered good and Return on Equity (ROE) was 8.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 75.1 %, 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. 55 ° North ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.