ROYAL ARCTIC LINE A/S — Credit Rating and Financial Key Figures

CVR number: 16545538
Aqqusinersuaq 52, 3900 Nuuk

Income statement (kDKK)

2023
2024
Fiscal period length1212
Net sales1 139 033.001 185 497.00
Other operating income57 057.0041 223.00
External services- 539 178.00- 556 725.00
Gross profit1 035 796.001 068 115.00
Employee benefit expenses- 368 362.00- 374 489.00
Other operating expenses- 160 294.00- 158 605.00
Total depreciation- 102 911.00-98 127.00
EBIT25 345.0038 774.00
Other financial income16 536.0017 309.00
Other financial expenses-37 376.00-36 972.00
Net income from associates (fin.)34.00-9 739.00
Pre-tax profit4 539.009 372.00
Income taxes-1 166.00-2 278.00
Net earnings3 373.007 094.00

Assets (kDKK)

2023
2024
Development expenditure106.00486.00
Intangible rights7 234.004 204.00
Intangible assets total7 340.004 690.00
Buildings51 288.0045 973.00
Machinery and equipment1 112 252.001 053 050.00
Advance payments and construction in progress2 838.004 594.00
Tangible assets total1 166 378.001 103 617.00
Holdings in group member companies27 279.0017 305.00
Participating interests5 051.005 286.00
Other non-current investments6 928.00
Investments total32 330.0029 519.00
Non-current loans receivable1 012.001 009.00
Long term receivables total1 012.001 009.00
Other stocks14 787.007 686.00
Inventories total14 787.007 686.00
Current trade debtors99 940.00106 929.00
Current amounts owed by group member comp.1 532.002 164.00
Prepayments and accrued income5 004.003 984.00
Current other receivables25 411.0019 211.00
Current deferred tax assets10.00
Short term receivables total131 897.00132 288.00
Cash and bank deposits116 071.00116 953.00
Cash and cash equivalents116 071.00116 953.00
Balance sheet total (assets)1 469 815.001 395 762.00

Equity and liabilities (kDKK)

2022
2023
2024
Share capital637 624.00120 000.00120 000.00
Other reserves35 893.0025 039.00
Retained earnings473 113.00485 946.00
Profit of the financial year3 373.007 094.00
Shareholders equity total637 624.00632 379.00638 079.00
Provisions21 730.0022 970.00
Non-current loans from credit institutions567.00567.00
Non-current leasing loans33 005.0027 100.00
Non-current deferred tax liabilities542 021.00478 865.00
Non-current liabilities total575 593.00506 532.00
Current loans from credit institutions71 160.0071 114.00
Current trade creditors58 698.0054 099.00
Current owed to group member19.00
Other non-interest bearing current liabilities110 255.00102 949.00
Current liabilities total240 113.00228 181.00
Balance sheet total (liabilities)637 624.001 469 815.001 395 762.00
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