Albatros Arctic Circle ApS — Credit Rating and Financial Key Figures

CVR number: 12471122
Edv.sivertsenip Aqq 18, 3952 Ilulissat
accounting@aac.gl
tel: 943343
www.aac.gl

Credit rating

Company information

Official name
Albatros Arctic Circle ApS
Established
2008
Company form
Private limited company
Industry
  • Expand more icon824000

About Albatros Arctic Circle ApS

Albatros Arctic Circle ApS (CVR number: 12471122) is a company from AVANNAATA. The company recorded a gross profit of 74.7 mDKK in 2024. The operating profit was 19.2 mDKK, while net earnings were 11.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 15.2 %, which can be considered excellent and Return on Equity (ROE) was 38.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26.1 %, 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. Albatros Arctic Circle ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit9 455.4410 831.7335 817.0055 024.3174 673.64
EBIT-7 803.44-5 005.7810 830.8416 900.8619 210.71
Net earnings-6 520.29-4 264.177 547.8310 807.8811 199.26
Shareholders equity total9 086.674 822.5112 370.3423 178.2234 377.47
Balance sheet total (assets)61 297.1059 210.2678 152.92123 701.50132 093.83
Net debt40 688.0741 823.7145 083.4768 002.5468 052.40
Profitability
EBIT-%
ROA-15.1 %-8.3 %15.8 %16.9 %15.2 %
ROE-88.9 %-61.3 %87.8 %60.8 %38.9 %
ROI-16.0 %-8.9 %18.1 %19.8 %17.5 %
Economic value added (EVA)-6 667.37-5 223.567 010.1910 863.4110 746.68
Solvency
Equity ratio14.8 %8.2 %16.1 %19.0 %26.1 %
Gearing481.2 %936.3 %384.2 %325.6 %210.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.90.30.30.2
Current ratio1.61.60.60.50.5
Cash and cash equivalents3 036.783 330.222 447.517 456.744 184.33
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:15.2%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.1%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member
Chairman of the board
Chief executive officer
Chief executive officer

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