Arctic Cruises ApS — Credit Rating and Financial Key Figures

Arctic Cruises ApS (CVR number: 40970886) is a company from KUJALLEQ. The company recorded a gross profit of 477.6 kDKK in 2023. The operating profit was 126 kDKK, while net earnings were -122.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak but Return on Equity (ROE) was -15 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 21.1 %, 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 Cruises ApS's liquidity measured by quick ratio was 2.6 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.