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Arctic Wool ApS — Credit Rating and Financial Key Figures

CVR number: 39254557
Leclairip Aqqusernga 6, 3910 Kangerlussuaq
1@1234.gl
Free credit report Annual report

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 2351.9 kDKK in 2024. The operating profit was -1303.3 kDKK, while net earnings were -2197.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.4 %, which can be considered poor and Return on Equity (ROE) was -53 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 67 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Arctic Wool ApS's liquidity measured by quick ratio was 3 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit4 243.854 267.815 507.775 923.942 351.87
EBIT2 932.632 845.633 885.981 330.50-1 303.25
Net earnings2 181.712 077.712 911.731 003.90-2 197.78
Shareholders equity total3 527.805 578.029 239.755 243.653 045.87
Balance sheet total (assets)7 554.996 665.539 552.0210 021.914 544.89
Net debt-2 025.91- 843.52-5 302.00-4 887.48-3 568.82
Profitability
EBIT-%
ROA48.8 %40.0 %47.9 %13.7 %-16.4 %
ROE88.5 %45.6 %39.3 %13.9 %-53.0 %
ROI118.9 %62.5 %52.5 %18.5 %-28.8 %
Economic value added (EVA)2 118.901 914.202 633.79533.60-1 188.80
Solvency
Equity ratio46.7 %83.7 %96.7 %52.3 %67.0 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.01.618.61.83.0
Current ratio1.85.829.52.13.0
Cash and cash equivalents2 025.91843.525 302.004 887.483 568.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-16.4%
Rating: 4/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.0%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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