Arctic Hospitality Corporation A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Arctic Hospitality Corporation A/S
Arctic Hospitality Corporation A/S (CVR number: 12479182) is a company from AVANNAATA. The company recorded a gross profit of 44.8 mDKK in 2024. The operating profit was 2361 kDKK, while net earnings were 228 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak and Return on Equity (ROE) was 0.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 38.2 %, 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. Arctic Hospitality Corporation A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 14 089.00 | 26 421.00 | 37 178.00 | 42 827.00 | 44 807.00 |
EBIT | -11 319.00 | 1 255.00 | 5 716.00 | 2 371.00 | 2 361.00 |
Net earnings | -9 169.00 | 90.00 | 4 452.00 | 750.00 | 228.00 |
Shareholders equity total | 64 524.00 | 64 614.00 | 69 066.00 | 80 143.00 | 80 371.00 |
Balance sheet total (assets) | 102 998.00 | 102 438.00 | 115 847.00 | 198 333.00 | 216 591.00 |
Net debt | 20 009.00 | 21 040.00 | 28 742.00 | 87 984.00 | 106 195.00 |
Profitability | |||||
EBIT-% | |||||
ROA | -10.4 % | 1.2 % | 5.3 % | 1.6 % | 1.2 % |
ROE | -13.3 % | 0.1 % | 6.7 % | 1.0 % | 0.3 % |
ROI | -10.8 % | 1.3 % | 5.5 % | 1.7 % | 1.3 % |
Economic value added (EVA) | -13 833.85 | -4 059.28 | -10.52 | -3 802.92 | -7 499.67 |
Solvency | |||||
Equity ratio | 62.6 % | 63.1 % | 59.6 % | 41.7 % | 38.2 % |
Gearing | 37.8 % | 36.3 % | 44.8 % | 115.3 % | 140.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 0.9 | 1.1 | 0.7 | 1.2 |
Current ratio | 0.8 | 1.5 | 1.7 | 0.7 | 1.1 |
Cash and cash equivalents | 4 383.00 | 2 435.00 | 2 233.00 | 4 391.00 | 6 705.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | AA | A |
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