ROYAL ARCTIC LINE A/S

ROYAL ARCTIC LINE A/S (CVR number: 16545538) is a company from SERMERSOOQ. The company reported a net sales of 1139 mDKK in 2023, demonstrating a growth of 2.6 % compared to the previous year. The operating profit percentage was at 2.2 % (EBIT: 25.3 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 43 %, 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 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.