Arctic Salar ApS — Credit Rating and Financial Key Figures

CVR number: 40274510
Munkevej 20 A, 7700 Thisted
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Credit rating

Company information

Official name
Arctic Salar ApS
Personnel
2 persons
Established
2019
Company form
Private limited company
Industry

About Arctic Salar ApS

Arctic Salar ApS (CVR number: 40274510) is a company from THISTED. The company recorded a gross profit of 3362.6 kDKK in 2024. The operating profit was 1289.4 kDKK, while net earnings were 806.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.2 %, which can be considered good but Return on Equity (ROE) was 16.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Arctic Salar ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit839.383 618.603 950.184 378.843 362.65
EBIT- 111.812 683.862 970.063 372.801 289.36
Net earnings- 228.591 879.722 156.532 347.09806.94
Shareholders equity total- 521.531 358.193 514.735 861.813 868.76
Balance sheet total (assets)7 340.5210 186.5011 381.1814 998.9514 483.75
Net debt1 977.692 792.124 612.265 647.814 746.78
Profitability
EBIT-%
ROA-1.8 %29.7 %28.6 %25.9 %10.2 %
ROE-4.0 %43.2 %88.5 %50.1 %16.6 %
ROI-4.9 %67.8 %44.7 %31.5 %12.7 %
Economic value added (EVA)- 166.231 983.002 053.462 194.77348.97
Solvency
Equity ratio-7.2 %14.1 %30.9 %39.1 %26.7 %
Gearing-518.9 %283.8 %144.7 %122.7 %173.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.80.70.80.5
Current ratio0.91.21.41.61.4
Cash and cash equivalents728.661 061.87472.881 542.251 967.77
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:10.2%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.7%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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