Arctic Wool ApS — Credit Rating and Financial Key Figures

CVR number: 39254557
Leclairip Aqqusernga 6, 3910 Kangerlussuaq
1@1234.gl

Credit rating

Company information

Official name
Arctic Wool ApS
Established
2018
Company form
Private limited company
Industry

About Arctic Wool ApS

Arctic Wool ApS (CVR number: 39254557) is a company from QEQQATA. The company recorded a gross profit of 5923.9 kDKK in 2023. The operating profit was 1330.5 kDKK, while net earnings were 1003.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.7 %, which can be considered good and Return on Equity (ROE) was 13.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 52.3 %, 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. Arctic Wool ApS's liquidity measured by quick ratio was 1.8 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 611.824 243.854 267.815 507.775 923.94
EBIT741.232 932.632 845.633 885.981 330.50
Net earnings503.262 181.712 077.712 911.731 003.90
Shareholders equity total1 403.703 527.805 578.029 239.755 243.65
Balance sheet total (assets)4 451.977 554.996 665.539 552.0210 021.91
Net debt-56.26-2 025.91- 843.52-5 302.00-4 887.48
Profitability
EBIT-%
ROA16.8 %48.8 %40.0 %47.9 %13.7 %
ROE42.4 %88.5 %45.6 %39.3 %13.9 %
ROI62.5 %118.9 %62.5 %52.5 %18.5 %
Economic value added (EVA)487.472 121.732 016.002 676.17800.02
Solvency
Equity ratio31.5 %46.7 %83.7 %96.7 %52.3 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio0.01.01.618.61.8
Current ratio1.41.85.829.52.1
Cash and cash equivalents56.262 025.91843.525 302.004 887.48
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:13.7%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.3%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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