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 2024, demonstrating a decline of 0 % compared to the previous year. The operating profit percentage was at 81.7 % (EBIT: 4.1 mDKK), while net earnings were -4163.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent but Return on Equity (ROE) was -10.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -57.1 %. 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 28 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 5 000.00 | 5 000.00 | 5 000.00 | ||
Gross profit | 4 637.70 | 4 566.65 | 4 555.26 | 4 550.19 | 4 570.67 |
EBIT | 4 077.63 | 4 105.14 | 4 093.75 | 4 067.99 | 4 086.46 |
Net earnings | 2 795.25 | 3 802.23 | -2 584.12 | 4 101.57 | -4 163.10 |
Shareholders equity total | -54 848.16 | -51 045.92 | -53 630.05 | -49 523.18 | -53 680.97 |
Balance sheet total (assets) | 30 176.58 | 28 036.48 | 31 789.92 | 35 896.78 | 40 283.70 |
Net debt | 82 956.00 | 75 517.67 | 80 472.56 | 81 270.80 | 90 802.89 |
Profitability | |||||
EBIT-% | 81.9 % | 81.4 % | 81.7 % | ||
ROA | 4.8 % | 5.0 % | 5.0 % | 4.8 % | 4.6 % |
ROE | 10.0 % | 13.1 % | -8.6 % | 12.1 % | -10.9 % |
ROI | 5.0 % | 5.1 % | 5.0 % | 4.8 % | 4.6 % |
Economic value added (EVA) | 1 671.14 | 2 383.16 | 2 734.87 | 2 503.80 | 3 665.15 |
Solvency | |||||
Equity ratio | -64.5 % | -64.5 % | -62.8 % | -58.0 % | -57.1 % |
Gearing | -151.5 % | -153.0 % | -158.0 % | -171.1 % | -171.8 % |
Relative net indebtedness % | 1622.7 % | 1638.7 % | 1839.5 % | ||
Liquidity | |||||
Quick ratio | 4.9 | 11.8 | 82.3 | 126.7 | 28.0 |
Current ratio | 4.9 | 11.8 | 82.3 | 126.7 | 28.0 |
Cash and cash equivalents | 132.35 | 2 570.68 | 4 285.64 | 3 487.39 | 1 437.85 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 154.1 % | 238.2 % | 325.4 % | ||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | BBB |
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