ARCTIC PRIME PRODUCTION A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ARCTIC PRIME PRODUCTION A/S
ARCTIC PRIME PRODUCTION A/S (CVR number: 12365020) is a company from KUJALLEQ. The company reported a net sales of 5 mDKK in 2023, demonstrating a decline of 0 % compared to the previous year. The operating profit percentage was at 81.3 % (EBIT: 4.1 mDKK), while net earnings were 4101.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.8 %, which can be considered decent but Return on Equity (ROE) was 12.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at -58 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. ARCTIC PRIME PRODUCTION A/S's liquidity measured by quick ratio was 126.7 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 | 5 000.00 | 5 000.00 | |||
Gross profit | 4 220.95 | 4 637.70 | 4 566.65 | 4 555.26 | 4 544.89 |
EBIT | 3 148.23 | 4 077.63 | 4 105.14 | 4 093.75 | 4 062.69 |
Net earnings | 479.03 | 2 795.25 | 3 802.23 | -2 584.12 | 4 101.57 |
Shareholders equity total | -57 643.40 | -54 848.16 | -51 045.92 | -53 630.05 | -49 523.18 |
Balance sheet total (assets) | 25 808.60 | 30 176.58 | 28 036.48 | 31 789.92 | 35 896.79 |
Net debt | 79 778.15 | 82 956.00 | 75 517.67 | 80 472.56 | 81 270.80 |
Profitability | |||||
EBIT-% | 81.9 % | 81.3 % | |||
ROA | 3.8 % | 4.8 % | 5.0 % | 5.0 % | 4.8 % |
ROE | 1.9 % | 10.0 % | 13.1 % | -8.6 % | 12.1 % |
ROI | 5.3 % | 5.0 % | 5.1 % | 5.0 % | 4.8 % |
Economic value added (EVA) | 5 166.03 | 5 700.60 | 6 565.00 | 6 787.99 | 6 972.95 |
Solvency | |||||
Equity ratio | -69.1 % | -64.5 % | -64.5 % | -62.8 % | -58.0 % |
Gearing | -138.8 % | -151.5 % | -153.0 % | -158.0 % | -171.1 % |
Relative net indebtedness % | 1622.7 % | 1638.7 % | |||
Liquidity | |||||
Quick ratio | 0.6 | 4.9 | 11.8 | 82.3 | 126.7 |
Current ratio | 0.6 | 4.9 | 11.8 | 82.3 | 126.7 |
Cash and cash equivalents | 205.05 | 132.35 | 2 570.68 | 4 285.64 | 3 487.39 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 154.1 % | 238.2 % | |||
Credit risk | |||||
Credit rating | BBB | A | A | BBB | A |
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