ARCTIC PRIME PRODUCTION A/S — Credit Rating and Financial Key Figures

CVR number: 12365020
Johan Dahlsvej 799, 3920 Qaqortoq

Company information

Official name
ARCTIC PRIME PRODUCTION A/S
Established
2007
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales5 000.005 000.00
Gross profit4 220.954 637.704 566.654 555.264 544.89
EBIT3 148.234 077.634 105.144 093.754 062.69
Net earnings479.032 795.253 802.23-2 584.124 101.57
Shareholders equity total-57 643.40-54 848.16-51 045.92-53 630.05-49 523.18
Balance sheet total (assets)25 808.6030 176.5828 036.4831 789.9235 896.79
Net debt79 778.1582 956.0075 517.6780 472.5681 270.80
Profitability
EBIT-%81.9 %81.3 %
ROA3.8 %4.8 %5.0 %5.0 %4.8 %
ROE1.9 %10.0 %13.1 %-8.6 %12.1 %
ROI5.3 %5.0 %5.1 %5.0 %4.8 %
Economic value added (EVA)5 166.035 700.606 565.006 787.996 972.95
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 ratio0.64.911.882.3126.7
Current ratio0.64.911.882.3126.7
Cash and cash equivalents205.05132.352 570.684 285.643 487.39
Capital use efficiency
Trade debtors turnover (days)
Net working capital %154.1 %238.2 %
Credit risk
Credit ratingBBBAABBBA

Variable visualization

ROA:4.80%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-58.0%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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