EM ARCTIC ApS — Credit Rating and Financial Key Figures

CVR number: 12681364
Ungusivik 1, 3912 Maniitsoq

Company information

Official name
EM ARCTIC ApS
Established
2013
Company form
Private limited company
Industry

About EM ARCTIC ApS

EM ARCTIC ApS (CVR number: 12681364) is a company from QEQQATA. The company recorded a gross profit of -22.1 kDKK in 2023. The operating profit was -53.7 kDKK, while net earnings were 68.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent but Return on Equity (ROE) was 2.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 98.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. EM ARCTIC ApS's liquidity measured by quick ratio was 70.2 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit144.00281.00334.00291.00-22.12
EBIT23.00160.00213.00170.00-53.73
Net earnings109.00224.00266.00237.0068.80
Shareholders equity total2 402.002 626.002 892.003 129.003 197.94
Balance sheet total (assets)2 458.003 096.004 028.004 964.003 244.13
Net debt-2.00248.00981.001 667.00-3.65
Profitability
EBIT-%
ROA1.2 %11.2 %10.5 %8.4 %4.6 %
ROE4.4 %8.9 %9.6 %7.9 %2.2 %
ROI1.3 %11.5 %10.9 %8.7 %4.7 %
Economic value added (EVA)- 112.81-4.9927.60-22.16- 194.84
Solvency
Equity ratio97.7 %84.8 %71.8 %63.0 %98.6 %
Gearing13.4 %34.4 %54.0 %
Relative net indebtedness %
Liquidity
Quick ratio43.96.63.52.770.2
Current ratio43.96.63.52.770.2
Cash and cash equivalents2.00103.0014.0022.003.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:4.57%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.6%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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