ARCTIC FOOD & DESIGN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ARCTIC FOOD & DESIGN ApS
ARCTIC FOOD & DESIGN ApS (CVR number: 36461365) is a company from HELSINGØR. The company recorded a gross profit of -11.7 kDKK in 2024. The operating profit was -23 kDKK, while net earnings were -18.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.3 %, which can be considered poor and Return on Equity (ROE) was -9.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 52 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ARCTIC FOOD & DESIGN ApS's liquidity measured by quick ratio was 1.8 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 277.64 | 58.10 | 61.91 | 179.45 | -11.66 |
EBIT | 277.64 | 58.10 | 61.91 | 170.76 | -22.96 |
Net earnings | 276.60 | 56.86 | 56.63 | 125.17 | -18.53 |
Shareholders equity total | -27.14 | 29.71 | 86.34 | 211.51 | 192.98 |
Balance sheet total (assets) | 149.67 | 117.76 | 179.34 | 361.30 | 371.15 |
Net debt | -40.78 | 11.42 | 61.99 | 37.34 | 27.09 |
Profitability | |||||
EBIT-% | |||||
ROA | 96.6 % | 39.4 % | 41.7 % | 63.2 % | -6.3 % |
ROE | 226.5 % | 63.4 % | 97.6 % | 84.0 % | -9.2 % |
ROI | 137.7 % | 112.8 % | 58.0 % | 79.8 % | -7.8 % |
Economic value added (EVA) | 274.82 | 57.28 | 54.74 | 119.66 | -31.81 |
Solvency | |||||
Equity ratio | -15.4 % | 25.2 % | 48.1 % | 58.5 % | 52.0 % |
Gearing | -159.6 % | 100.7 % | 78.1 % | 29.7 % | 61.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 0.9 | 1.7 | 2.3 | 1.8 |
Current ratio | 1.0 | 1.3 | 1.9 | 2.4 | 2.1 |
Cash and cash equivalents | 84.11 | 18.50 | 5.42 | 25.53 | 91.51 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | BB | BB | BB |
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