ARCTICK APS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ARCTICK APS
ARCTICK APS (CVR number: 37492930) is a company from KØBENHAVN. The company recorded a gross profit of 265.8 mDKK in 2023. The operating profit was 265.8 mDKK, while net earnings were 212.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 38.7 %, which can be considered excellent and Return on Equity (ROE) was 60.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 46.4 %, 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. ARCTICK APS's liquidity measured by quick ratio was 1.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 173 201.20 | 114 939.15 | 205 958.58 | 124 258.82 | 265 768.28 |
EBIT | 171 443.54 | 113 895.33 | 204 876.92 | 123 590.51 | 265 768.28 |
Net earnings | 134 877.13 | 87 576.23 | 161 029.74 | 97 982.73 | 212 224.77 |
Shareholders equity total | 232 164.02 | 271 240.25 | 372 269.99 | 306 252.72 | 398 477.49 |
Balance sheet total (assets) | 299 934.79 | 296 025.01 | 529 402.31 | 549 275.23 | 858 058.28 |
Net debt | - 272 270.25 | - 272 071.68 | - 431 442.49 | - 476 696.87 | - 777 355.08 |
Profitability | |||||
EBIT-% | |||||
ROA | 70.1 % | 38.4 % | 50.0 % | 23.3 % | 38.7 % |
ROE | 75.4 % | 34.8 % | 50.0 % | 28.9 % | 60.2 % |
ROI | 77.6 % | 43.0 % | 64.1 % | 37.0 % | 77.2 % |
Economic value added (EVA) | 139 081.61 | 91 244.73 | 160 434.68 | 99 962.91 | 208 202.63 |
Solvency | |||||
Equity ratio | 77.4 % | 91.6 % | 70.3 % | 55.8 % | 46.4 % |
Gearing | 11.9 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.4 | 12.0 | 3.4 | 2.3 | 1.9 |
Current ratio | 4.4 | 12.0 | 3.4 | 2.3 | 1.9 |
Cash and cash equivalents | 299 901.95 | 272 071.68 | 431 442.49 | 476 696.87 | 777 355.08 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BB | BB |
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