ARCTIC PRIME FISHERIES ApS — Credit Rating and Financial Key Figures

CVR number: 12309864
Johan Dahlsvej 799, 3920 Qaqortoq

Credit rating

Company information

Official name
ARCTIC PRIME FISHERIES ApS
Established
2006
Company form
Private limited company
Industry

About ARCTIC PRIME FISHERIES ApS

ARCTIC PRIME FISHERIES ApS (CVR number: 12309864) is a company from KUJALLEQ. The company reported a net sales of 264.7 mDKK in 2024, demonstrating a decline of -3.1 % compared to the previous year. The operating profit percentage was at 11.4 % (EBIT: 30.1 mDKK), while net earnings were -12.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 5.5 %, which can be considered decent but Return on Equity (ROE) was -2.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -28.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. ARCTIC PRIME FISHERIES ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales198.34276.58368.28273.26264.74
Gross profit53.11159.56232.78134.23139.99
EBIT-41.9433.9786.9614.8130.11
Net earnings-35.13-2.3437.59-19.79-12.28
Shareholders equity total- 203.36- 105.83-68.24-88.03- 100.31
Balance sheet total (assets)840.78583.62621.46717.87254.89
Net debt139.7753.30424.82493.23136.62
Profitability
EBIT-%-21.1 %12.3 %23.6 %5.4 %11.4 %
ROA-3.6 %4.0 %12.6 %2.3 %5.5 %
ROE-5.3 %-0.3 %6.2 %-3.0 %-2.5 %
ROI-16.1 %32.5 %34.8 %3.5 %9.3 %
Economic value added (EVA)-36.5026.8465.40-7.48-0.01
Solvency
Equity ratio-19.5 %-15.3 %-9.9 %-10.9 %-28.2 %
Gearing-73.3 %-58.5 %-642.1 %-611.4 %-145.9 %
Relative net indebtedness %521.7 %246.2 %183.6 %278.5 %130.5 %
Liquidity
Quick ratio0.71.31.80.40.4
Current ratio0.81.72.10.60.5
Cash and cash equivalents9.388.6213.3844.979.70
Capital use efficiency
Trade debtors turnover (days)73.23.675.11.31.1
Net working capital %-12.7 %11.9 %21.6 %-31.2 %-30.3 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:5.51%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-28.2%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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