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 17.3 kDKK in 2024. The operating profit was -151.5 kDKK, while net earnings were -106.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -20.5 %, which can be considered poor and Return on Equity (ROE) was -20.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64 %, 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 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.