Arctic Hiking and Expeditions ApS — Credit Rating and Financial Key Figures

CVR number: 42553042
3915 Kulusuk
finnssoneinartorfi@gmail.com

Credit rating

Company information

Official name
Arctic Hiking and Expeditions ApS
Established
2021
Company form
Private limited company
Industry

About Arctic Hiking and Expeditions ApS

Arctic Hiking and Expeditions ApS (CVR number: 42553042) is a company from SERMERSOOQ. The company recorded a gross profit of 204.8 kDKK in 2023. The operating profit was 174.3 kDKK, while net earnings were 129.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.2 %, which can be considered excellent and Return on Equity (ROE) was 31 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 83.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Arctic Hiking and Expeditions ApS's liquidity measured by quick ratio was 5.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
Volume
Net sales
Gross profit305.32204.75
EBIT282.48174.31
Net earnings202.06129.23
Shareholders equity total352.06481.29
Balance sheet total (assets)776.42687.11
Net debt- 604.87- 396.31
Profitability
EBIT-%
ROA36.5 %25.2 %
ROE56.9 %31.0 %
ROI79.9 %44.0 %
Economic value added (EVA)203.92136.63
Solvency
Equity ratio46.6 %83.5 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.65.7
Current ratio1.62.6
Cash and cash equivalents604.87396.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:25.2%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:83.5%
Rating: 63/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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