Arctic Unlimited ApS — Credit Rating and Financial Key Figures

CVR number: 41245565
Qujanarteq 1, 3922 Nanortalik
79@arcticunlimited.gl
tel: 284228
www.arcticunlimited.gl
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Company information

Official name
Arctic Unlimited ApS
Established
2020
Company form
Private limited company
Industry

About Arctic Unlimited ApS

Arctic Unlimited ApS (CVR number: 41245565) is a company from KUJALLEQ. The company recorded a gross profit of 15.8 mDKK in 2024. The operating profit was 5817.1 kDKK, while net earnings were 3804.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 38.6 %, which can be considered excellent and Return on Equity (ROE) was 160.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 23.3 %, 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 Unlimited ApS's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit- 346.704 208.225 023.529 131.6715 751.73
EBIT- 761.961 378.59522.241 082.895 817.14
Net earnings-1 000.811 394.91416.05- 240.353 804.86
Shareholders equity total- 950.81444.10710.15469.804 274.66
Balance sheet total (assets)3 900.556 183.298 100.1812 299.7618 316.14
Net debt4 074.325 269.315 141.554 760.65988.57
Profitability
EBIT-%
ROA-15.7 %29.3 %9.0 %8.0 %38.6 %
ROE-25.7 %64.2 %72.1 %-40.7 %160.4 %
ROI-15.9 %29.8 %9.4 %10.4 %56.0 %
Economic value added (EVA)- 761.961 121.2684.16382.973 850.34
Solvency
Equity ratio-19.6 %7.2 %8.8 %3.8 %23.3 %
Gearing-504.9 %1247.5 %959.1 %1539.3 %184.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.20.40.40.8
Current ratio0.20.20.40.40.8
Cash and cash equivalents726.42270.811 669.742 470.776 894.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBA

Variable visualization

ROA:38.6%
Rating: 88/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:23.3%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member

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