Arctic Fish Greenland A/S — Credit Rating and Financial Key Figures

Arctic Fish Greenland A/S (CVR number: 12926057) is a company from SERMERSOOQ. The company reported a net sales of 66.9 mDKK in 2023, demonstrating a decline of -24.3 % compared to the previous year. The operating profit percentage was poor at -7.8 % (EBIT: -5.2 mDKK), while net earnings were -12.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was -5.1 %, which can be considered poor and Return on Equity (ROE) was -25.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -1.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Arctic Fish Greenland A/S's liquidity measured by quick ratio was 3.1 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.