Northmen Trading IvS — Credit Rating and Financial Key Figures

Northmen Trading IvS (CVR number: 38628542) is a company from AALBORG. The company recorded a gross profit of -1.2 kDKK in 2020. The operating profit was -1.2 kDKK, while net earnings were -1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.6 %, which can be considered poor and Return on Equity (ROE) was -0.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 63.8 %, 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. Northmen Trading IvS's liquidity measured by quick ratio was 2.8 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.