House of Arctic ApS — Credit Rating and Financial Key Figures

CVR number: 38525727
Ankeret 5 A, 9220 Aalborg Øst

Company information

Official name
House of Arctic ApS
Established
2017
Company form
Private limited company
Industry

About House of Arctic ApS

House of Arctic ApS (CVR number: 38525727) is a company from AALBORG. The company recorded a gross profit of -9 kDKK in 2023. The operating profit was -9 kDKK, while net earnings were -5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.3 %, which can be considered poor and Return on Equity (ROE) was -0.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 95.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. House of Arctic ApS's liquidity measured by quick ratio was 22.3 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit371.00- 935.00-29.00134.00-9.00
EBIT371.00- 935.00-29.00134.00-9.00
Net earnings272.00- 766.00-32.00117.00-5.00
Shareholders equity total1 239.00473.00441.00558.00553.00
Balance sheet total (assets)2 716.001 901.00697.00584.00579.00
Net debt182.00- 864.00- 344.00- 369.00- 363.00
Profitability
EBIT-%
ROA12.8 %-40.3 %-2.2 %24.2 %-0.3 %
ROE24.7 %-89.5 %-7.0 %23.4 %-0.9 %
ROI15.6 %-68.0 %-4.7 %31.0 %-0.4 %
Economic value added (EVA)245.73- 766.5113.4097.60-17.00
Solvency
Equity ratio47.3 %24.9 %63.3 %95.5 %95.5 %
Gearing56.2 %68.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.32.722.522.3
Current ratio1.81.32.722.522.3
Cash and cash equivalents514.001 190.00344.00369.00363.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-0.34%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.5%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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