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

CVR number: 12926057
Qasapi 4, 3900 Nuuk
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Credit rating

Company information

Official name
Arctic Fish Greenland A/S
Established
2017
Company form
Limited company
Industry

About Arctic Fish Greenland A/S

Arctic Fish Greenland A/S (CVR number: 12926057) is a company from SERMERSOOQ. The company reported a net sales of 45.1 mDKK in 2024, demonstrating a decline of -32.5 % compared to the previous year. The operating profit percentage was at 2.4 % (EBIT: 1.1 mDKK), while net earnings were -11.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 1.4 %, which can be considered weak but Return on Equity (ROE) was -15.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -19.8 %. 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 3.5 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales56.8869.2788.3566.9145.15
Gross profit15.4017.86148.7518.9916.34
EBIT1.74-6.8511.30-4.811.07
Net earnings4.27-5.255.50-12.92-11.25
Shareholders equity total15.275.7511.24-1.67-12.92
Balance sheet total (assets)59.4098.83108.2191.8752.48
Net debt40.6286.7287.9187.9661.52
Profitability
EBIT-%3.1 %-9.9 %12.8 %-7.2 %2.4 %
ROA3.2 %-8.7 %10.9 %-4.7 %1.4 %
ROE23.4 %-50.0 %64.7 %-25.1 %-15.6 %
ROI3.6 %-9.2 %11.8 %-5.1 %1.4 %
Economic value added (EVA)-0.84-6.973.66-10.28-3.18
Solvency
Equity ratio25.7 %5.8 %10.4 %-1.8 %-19.8 %
Gearing266.4 %1509.7 %782.6 %-5256.9 %-476.3 %
Relative net indebtedness %76.8 %134.3 %109.6 %139.7 %144.8 %
Liquidity
Quick ratio0.01.12.53.13.5
Current ratio0.11.93.44.34.0
Cash and cash equivalents0.070.030.090.040.03
Capital use efficiency
Trade debtors turnover (days)3.21.61.33.72.0
Net working capital %-67.2 %8.4 %24.2 %27.1 %25.7 %
Credit risk
Credit ratingAAAABBBBBB

Variable visualization

ROA:1.36%
Rating: 27/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-19.8%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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