ARCTIC HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 14551832
Ankeret 5 A, 9220 Aalborg Øst

Credit rating

Company information

Official name
ARCTIC HOLDING ApS
Established
1990
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 earnings365.49211.601 364.67- 932.23354.41
Shareholders equity total2 823.393 034.994 399.673 467.443 821.85
Balance sheet total (assets)3 220.054 841.789 942.468 461.168 882.02
Net debt-3 216.84-3 150.64-8 307.09-8 135.92-19.65
Profitability
EBIT-%
ROA1.8 %6.3 %19.9 %5.7 %5.9 %
ROE1.9 %7.2 %36.7 %-23.7 %9.7 %
ROI1.8 %7.4 %29.3 %11.1 %14.1 %
Economic value added (EVA)- 169.731.7141.38266.61223.70
Solvency
Equity ratio87.7 %62.7 %44.3 %41.0 %43.0 %
Gearing33.0 %36.8 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio8.12.71.81.71.8
Current ratio8.12.71.81.71.8
Cash and cash equivalents3 216.844 151.019 925.228 144.5619.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:5.94%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:43.0%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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