A/S HOTEL ARCTIC, ILULISSAT — Credit Rating and Financial Key Figures

CVR number: 12479182
Mittarfimmut Aqq, 3952 Ilulissat

Credit rating

Company information

Official name
A/S HOTEL ARCTIC, ILULISSAT
Established
1988
Company form
Limited company
Industry

About A/S HOTEL ARCTIC, ILULISSAT

A/S HOTEL ARCTIC, ILULISSAT (CVR number: 12479182) is a company from AVANNAATA. The company recorded a gross profit of 32.3 mDKK in 2023. The operating profit was 1543 kDKK, while net earnings were 565 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.3 %, which can be considered weak and Return on Equity (ROE) was 0.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 51 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. A/S HOTEL ARCTIC, ILULISSAT's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales51 014.00
Gross profit33 357.0014 089.0026 421.0037 178.0032 285.00
EBIT6 175.00-11 319.001 255.005 716.001 543.00
Net earnings6 104.00-9 169.0090.004 452.00565.00
Shareholders equity total73 693.0064 524.0064 614.0069 066.0069 631.00
Balance sheet total (assets)114 711.00102 998.00102 438.00115 847.00137 342.00
Net debt8 604.0020 009.0021 040.0028 742.0047 513.00
Profitability
EBIT-%12.1 %
ROA5.5 %-10.4 %1.2 %5.3 %1.3 %
ROE8.6 %-13.3 %0.1 %6.7 %0.8 %
ROI5.7 %-10.8 %1.3 %5.5 %1.3 %
Economic value added (EVA)3 575.90-12 365.80-3 039.161 810.09-2 202.13
Solvency
Equity ratio64.2 %62.6 %63.1 %59.6 %51.0 %
Gearing30.5 %37.8 %36.3 %44.8 %72.5 %
Relative net indebtedness %26.6 %
Liquidity
Quick ratio2.20.60.91.10.5
Current ratio2.80.81.51.70.8
Cash and cash equivalents13 836.004 383.002 435.002 233.002 962.00
Capital use efficiency
Trade debtors turnover (days)6.7
Net working capital %23.9 %
Credit risk
Credit ratingAAAAAAAAAAA

Variable visualization

ROA:1.29%
Rating: 26/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.0%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chief executive officer
Chairman of the board

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