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 1626.4 kDKK in 2024. The operating profit was 77.3 kDKK, while net earnings were 0 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.5 %, 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 -70.5 %. 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 1.8 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 | 1 156.95 | 3 625.45 | 1 461.73 | 1 603.38 | 1 626.44 |
| EBIT | 355.07 | 2 139.64 | 0.80 | 135.04 | 77.31 |
| Net earnings | 191.06 | 1 773.23 | - 173.83 | ||
| Shareholders equity total | -2 819.37 | -1 046.14 | -1 219.98 | -1 219.98 | -1 219.98 |
| Balance sheet total (assets) | 2 646.30 | 2 356.32 | 2 860.51 | 471.09 | 511.54 |
| Net debt | 4 173.34 | 3 070.71 | 3 756.37 | 1 340.57 | 1 469.94 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 7.1 % | 48.3 % | 0.0 % | 4.7 % | 4.5 % |
| ROE | 9.3 % | 70.9 % | -6.7 % | ||
| ROI | 8.4 % | 57.0 % | 0.0 % | 5.1 % | 5.2 % |
| Economic value added (EVA) | 304.45 | 1 824.62 | - 103.63 | 2.29 | 66.07 |
| Solvency | |||||
| Equity ratio | -51.6 % | -30.7 % | -29.9 % | -72.1 % | -70.5 % |
| Gearing | -155.7 % | -298.7 % | -316.5 % | -118.3 % | -127.3 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.1 | 9.6 | 8.1 | 1.9 | 1.8 |
| Current ratio | 1.1 | 9.6 | 8.1 | 1.9 | 1.8 |
| Cash and cash equivalents | 215.45 | 53.68 | 105.39 | 103.08 | 83.46 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | BB |
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