ARCTIC UMIAQ LINE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ARCTIC UMIAQ LINE A/S
ARCTIC UMIAQ LINE A/S (CVR number: 12334656) is a company from SERMERSOOQ. The company reported a net sales of 38 mDKK in 2024, demonstrating a decline of -14.3 % compared to the previous year. The operating profit percentage was poor at -35.7 % (EBIT: -13.6 mDKK), while net earnings were -9974 kDKK. The profitability of the company measured by Return on Assets (ROA) was -37.3 %, which can be considered poor and Return on Equity (ROE) was -44.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 66.5 %, 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 UMIAQ LINE A/S'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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 37.23 | 39.38 | 47.67 | 44.27 | 37.96 |
Gross profit | 23.23 | 25.35 | 30.37 | 23.67 | 17.42 |
EBIT | 4.83 | 5.14 | 7.65 | -0.86 | -13.55 |
Net earnings | 3.50 | 3.68 | 5.59 | -0.31 | -9.97 |
Shareholders equity total | 18.32 | 22.00 | 27.59 | 27.28 | 17.31 |
Balance sheet total (assets) | 28.32 | 32.56 | 39.25 | 41.50 | 29.50 |
Net debt | -19.93 | -25.79 | -31.26 | -5.87 | -0.73 |
Profitability | |||||
EBIT-% | 13.0 % | 13.1 % | 16.1 % | -1.9 % | -35.7 % |
ROA | 18.1 % | 16.9 % | 21.3 % | -1.0 % | -37.3 % |
ROE | 21.1 % | 18.2 % | 22.5 % | -1.1 % | -44.7 % |
ROI | 25.2 % | 22.6 % | 28.3 % | -1.3 % | -54.2 % |
Economic value added (EVA) | 3.94 | 3.96 | 5.96 | -0.39 | -11.09 |
Solvency | |||||
Equity ratio | 67.8 % | 72.1 % | 74.9 % | 76.0 % | 66.5 % |
Gearing | 10.8 % | 7.2 % | 4.8 % | 5.6 % | 12.4 % |
Relative net indebtedness % | -35.0 % | -44.2 % | -46.0 % | 13.9 % | 24.6 % |
Liquidity | |||||
Quick ratio | 3.1 | 3.6 | 4.1 | 4.2 | 1.8 |
Current ratio | 2.7 | 3.0 | 3.3 | 2.6 | 1.4 |
Cash and cash equivalents | 21.90 | 27.37 | 32.58 | 7.40 | 2.87 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 6.4 | 4.0 | 4.2 | 3.5 | 8.9 |
Net working capital % | 40.9 % | 49.9 % | 50.4 % | 47.5 % | 11.5 % |
Credit risk | |||||
Credit rating | AA | AA | AA | A | BBB |
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