ARCTIC HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ARCTIC HOLDING ApS
ARCTIC HOLDING ApS (CVR number: 14551832) is a company from AALBORG. The company recorded a gross profit of -13.8 kDKK in 2023. The operating profit was -13.8 kDKK, while net earnings were 354.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent but Return on Equity (ROE) was 9.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 43 %, 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 HOLDING 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -7.65 | -16.67 | -14.85 | -14.17 | -13.81 |
EBIT | -7.65 | -16.67 | -14.85 | -14.17 | -13.81 |
Net earnings | 365.49 | 211.60 | 1 364.67 | - 932.23 | 354.41 |
Shareholders equity total | 2 823.39 | 3 034.99 | 4 399.67 | 3 467.44 | 3 821.85 |
Balance sheet total (assets) | 3 220.05 | 4 841.78 | 9 942.46 | 8 461.16 | 8 882.02 |
Net debt | -3 216.84 | -3 150.64 | -8 307.09 | -8 135.92 | -19.65 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.8 % | 6.3 % | 19.9 % | 5.7 % | 5.9 % |
ROE | 1.9 % | 7.2 % | 36.7 % | -23.7 % | 9.7 % |
ROI | 1.8 % | 7.4 % | 29.3 % | 11.1 % | 14.1 % |
Economic value added (EVA) | - 169.73 | 1.71 | 41.38 | 266.61 | 223.70 |
Solvency | |||||
Equity ratio | 87.7 % | 62.7 % | 44.3 % | 41.0 % | 43.0 % |
Gearing | 33.0 % | 36.8 % | 0.2 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 8.1 | 2.7 | 1.8 | 1.7 | 1.8 |
Current ratio | 8.1 | 2.7 | 1.8 | 1.7 | 1.8 |
Cash and cash equivalents | 3 216.84 | 4 151.01 | 9 925.22 | 8 144.56 | 19.65 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | BBB |
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