ROYAL ARCTIC LINE A/S

ROYAL ARCTIC LINE A/S (CVR number: 16545538K) is a company from SERMERSOOQ. The company reported a net sales of 1190.1 mDKK in 2023, demonstrating a growth of 2.1 % compared to the previous year. The operating profit percentage was at 2 % (EBIT: 24.3 mDKK), while net earnings were 3373 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.7 %, which can be considered weak and Return on Equity (ROE) was 0.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 42.7 %, 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. ROYAL ARCTIC LINE A/S's liquidity measured by quick ratio was 1.1 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.