First Arctic ApS — Credit Rating and Financial Key Figures

CVR number: 37131016
Strevelinsvej 34, Erritsø 7000 Fredericia
legal@monjasa.com

Company information

Official name
First Arctic ApS
Established
2015
Domicile
Erritsø
Company form
Private limited company
Industry

About First Arctic ApS

First Arctic ApS (CVR number: 37131016) is a company from FREDERICIA. The company recorded a gross profit of -104.3 kDKK in 2024. The operating profit was -104.3 kDKK, while net earnings were -65.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.1 %, which can be considered poor and Return on Equity (ROE) was -9.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. First Arctic ApS's liquidity measured by quick ratio was 41.9 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-25.00-19.44- 154.59- 100.79- 104.29
EBIT-25.00-19.44- 154.59- 100.79- 104.29
Net earnings3.33-19.61-18.76-0.51-65.07
Shareholders equity total- 429.8623.39704.64704.12639.05
Balance sheet total (assets)5.5030.33759.20726.82654.67
Net debt422.86
Profitability
EBIT-%
ROA-2.9 %-8.3 %-39.2 %-11.0 %-12.1 %
ROE60.6 %-135.7 %-5.2 %-0.1 %-9.7 %
ROI-3.0 %-8.7 %-42.5 %-11.6 %-12.4 %
Economic value added (EVA)-16.49-19.26- 110.93- 106.97- 116.73
Solvency
Equity ratio-98.7 %77.1 %92.8 %96.9 %97.6 %
Gearing-98.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.04.413.932.041.9
Current ratio0.04.413.932.041.9
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:-12.1%
Rating: 8/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.6%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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