Arctic Contractors ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Arctic Contractors ApS
Arctic Contractors ApS (CVR number: 43535005) is a company from SERMERSOOQ. The company recorded a gross profit of 643.1 kDKK in 2024. The operating profit was 54.6 kDKK, while net earnings were -80.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak but Return on Equity (ROE) was -8.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -42.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Arctic Contractors ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2023 | 2024 | |
---|---|---|
Volume | ||
Net sales | ||
Gross profit | 2 085.10 | 643.07 |
EBIT | - 499.71 | 54.64 |
Net earnings | - 403.69 | -80.68 |
Shareholders equity total | - 363.69 | - 444.37 |
Balance sheet total (assets) | 1 364.21 | 606.52 |
Net debt | 877.13 | 126.65 |
Profitability | ||
EBIT-% | ||
ROA | -28.2 % | 3.9 % |
ROE | -29.6 % | -8.2 % |
ROI | 40.7 % | |
Economic value added (EVA) | - 376.65 | 10.32 |
Solvency | ||
Equity ratio | -21.0 % | -42.3 % |
Gearing | -255.8 % | -60.6 % |
Relative net indebtedness % | ||
Liquidity | ||
Quick ratio | 1.0 | 0.7 |
Current ratio | 1.1 | 0.8 |
Cash and cash equivalents | 53.11 | 142.75 |
Capital use efficiency | ||
Trade debtors turnover (days) | ||
Net working capital % | ||
Credit risk | ||
Credit rating | BB | B |
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