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Arctic Wool ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 4 243.85 | 4 267.81 | 5 507.77 | 5 923.94 | 2 351.87 |
| EBIT | 2 932.63 | 2 845.63 | 3 885.98 | 1 330.50 | -1 303.25 |
| Net earnings | 2 181.71 | 2 077.71 | 2 911.73 | 1 003.90 | -2 197.78 |
| Shareholders equity total | 3 527.80 | 5 578.02 | 9 239.75 | 5 243.65 | 3 045.87 |
| Balance sheet total (assets) | 7 554.99 | 6 665.53 | 9 552.02 | 10 021.91 | 4 544.89 |
| Net debt | -2 025.91 | - 843.52 | -5 302.00 | -4 887.48 | -3 568.82 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 48.8 % | 40.0 % | 47.9 % | 13.7 % | -16.4 % |
| ROE | 88.5 % | 45.6 % | 39.3 % | 13.9 % | -53.0 % |
| ROI | 118.9 % | 62.5 % | 52.5 % | 18.5 % | -28.8 % |
| Economic value added (EVA) | 2 118.90 | 1 914.20 | 2 633.79 | 533.60 | -1 188.80 |
| Solvency | |||||
| Equity ratio | 46.7 % | 83.7 % | 96.7 % | 52.3 % | 67.0 % |
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.0 | 1.6 | 18.6 | 1.8 | 3.0 |
| Current ratio | 1.8 | 5.8 | 29.5 | 2.1 | 3.0 |
| Cash and cash equivalents | 2 025.91 | 843.52 | 5 302.00 | 4 887.48 | 3 568.82 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BB |
Variable visualization
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