ARKINORD A/S — Credit Rating and Financial Key Figures

CVR number: 29220468
Havnepladsen 5 B, 9900 Frederikshavn
info@arkinord.dk
tel: 98420850

Company information

Official name
ARKINORD A/S
Personnel
22 persons
Established
2006
Company form
Limited company
Industry

About ARKINORD A/S

ARKINORD A/S (CVR number: 29220468) is a company from FREDERIKSHAVN. The company recorded a gross profit of 9898.1 kDKK in 2023. The operating profit was 381.8 kDKK, while net earnings were 147 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent and Return on Equity (ROE) was 6.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 17.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. ARKINORD A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit9 826.9910 353.3410 618.1311 962.369 898.10
EBIT1 625.821 329.231 568.45674.71381.79
Net earnings1 307.551 268.961 351.32510.53146.95
Shareholders equity total2 843.702 842.663 143.982 517.522 334.47
Balance sheet total (assets)8 735.018 975.3311 378.7912 025.9113 679.49
Net debt-2 007.12246.271 893.233 146.545 873.57
Profitability
EBIT-%
ROA21.1 %17.9 %17.8 %7.7 %4.9 %
ROE50.3 %44.6 %45.1 %18.0 %6.1 %
ROI36.9 %30.0 %28.3 %11.5 %6.6 %
Economic value added (EVA)1 193.631 001.241 106.93409.26268.35
Solvency
Equity ratio32.6 %31.7 %27.6 %20.9 %17.1 %
Gearing9.3 %60.2 %125.0 %251.6 %
Relative net indebtedness %
Liquidity
Quick ratio2.01.91.71.41.3
Current ratio2.01.91.71.41.3
Cash and cash equivalents2 007.1217.450.010.010.01
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:4.91%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:17.1%
Rating: 16/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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