Arctic Law Greenland ApS

CVR number: 12665660
Issortarfimmut 6, 3905 Nuussuaq

Credit rating

Company information

Official name
Arctic Law Greenland ApS
Established
2012
Company form
Private limited company
Industry
  • Expand more icon69Legal and accounting activities

About Arctic Law Greenland ApS

Arctic Law Greenland ApS (CVR number: 12665660) is a company from SERMERSOOQ. The company recorded a gross profit of 5643.4 kDKK in 2023. The operating profit was 164 kDKK, while net earnings were 120.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.2 %, which can be considered decent but Return on Equity (ROE) was 8.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 34.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Arctic Law Greenland ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit6 956.375 544.836 680.627 573.935 643.41
EBIT791.171 411.141 229.401 022.93164.04
Net earnings473.24828.55734.60560.54120.85
Shareholders equity total1 329.882 079.421 599.531 619.061 182.41
Balance sheet total (assets)18 051.8915 769.8215 710.746 803.483 457.89
Net debt3 598.204 219.643 844.973 229.84- 947.52
Profitability
EBIT-%
ROA6.3 %8.3 %7.8 %9.1 %4.2 %
ROE44.3 %48.6 %39.9 %34.8 %8.6 %
ROI11.4 %12.8 %11.5 %13.0 %6.2 %
Economic value added (EVA)613.54819.36618.15501.9261.91
Solvency
Equity ratio7.4 %13.2 %10.2 %23.8 %34.2 %
Gearing713.9 %434.1 %530.6 %232.7 %18.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.21.11.31.5
Current ratio1.11.21.11.31.5
Cash and cash equivalents5 895.194 806.954 642.67537.281 164.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:4.24%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:34.2%
Rating: 29/100
-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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