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

ARCTIC UMIAQ LINE A/S (CVR number: 12334656) is a company from SERMERSOOQ. The company reported a net sales of 44.3 mDKK in 2023, demonstrating a decline of -7.1 % compared to the previous year. The operating profit percentage was poor at -1.9 % (EBIT: -0.9 mDKK), while net earnings were -306.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1 %, which can be considered poor and Return on Equity (ROE) was -1.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 76 %, 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 4.2 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.