North Propulsion ApS — Credit Rating and Financial Key Figures

CVR number: 43802194
Fysikvej 312, 2800 Kongens Lyngby
northpropulsion.com
Free credit report Annual report

Company information

Official name
North Propulsion ApS
Personnel
4 persons
Established
2023
Company form
Private limited company
Industry

About North Propulsion ApS

North Propulsion ApS (CVR number: 43802194) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 2193.1 kDKK in 2024. The operating profit was 1186 kDKK, while net earnings were 862.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 88.9 %, which can be considered excellent and Return on Equity (ROE) was 136.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 43.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. North Propulsion ApS's liquidity measured by quick ratio was 0.8 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
2023
2024
Volume
Net sales
Gross profit171.912 193.11
EBIT171.911 185.98
Net earnings162.52862.06
Shareholders equity total202.521 064.58
Balance sheet total (assets)233.222 436.26
Net debt-31.43- 854.72
Profitability
EBIT-%
ROA73.7 %88.9 %
ROE80.2 %136.1 %
ROI84.9 %151.8 %
Economic value added (EVA)171.91880.03
Solvency
Equity ratio86.8 %43.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.20.8
Current ratio2.20.8
Cash and cash equivalents31.43854.72
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBB

Variable visualization

ROA:88.9%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:43.7%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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