ARION NORDIC ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ARION NORDIC ApS
ARION NORDIC ApS (CVR number: 32270263) is a company from HELSINGØR. The company recorded a gross profit of 1603.4 kDKK in 2023. The operating profit was 135 kDKK, while net earnings were 0 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.7 %, which can be considered decent but Return on Equity (ROE) was 0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -72.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. ARION NORDIC ApS's liquidity measured by quick ratio was 1.9 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 818.03 | 1 156.95 | 3 625.45 | 1 461.73 | 1 603.38 |
EBIT | 349.65 | 355.07 | 2 139.64 | 0.80 | 135.04 |
Net earnings | 187.51 | 191.06 | 1 773.23 | - 173.83 | |
Shareholders equity total | -3 010.44 | -2 819.37 | -1 046.14 | -1 219.98 | -1 219.98 |
Balance sheet total (assets) | 1 470.48 | 2 646.30 | 2 356.32 | 2 860.51 | 471.09 |
Net debt | 3 844.70 | 4 173.34 | 3 070.71 | 3 756.37 | 1 340.57 |
Profitability | |||||
EBIT-% | |||||
ROA | 7.8 % | 7.1 % | 48.3 % | 0.0 % | 4.7 % |
ROE | 13.8 % | 9.3 % | 70.9 % | -6.7 % | |
ROI | 9.1 % | 8.4 % | 57.0 % | 0.0 % | 5.1 % |
Economic value added (EVA) | 511.56 | 515.04 | 2 055.98 | 56.06 | 201.64 |
Solvency | |||||
Equity ratio | -67.2 % | -51.6 % | -30.7 % | -29.9 % | -72.1 % |
Gearing | -133.5 % | -155.7 % | -298.7 % | -316.5 % | -118.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.3 | 1.1 | 9.6 | 8.1 | 1.9 |
Current ratio | 3.3 | 1.1 | 9.6 | 8.1 | 1.9 |
Cash and cash equivalents | 173.09 | 215.45 | 53.68 | 105.39 | 103.08 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BB |
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