ARCTIC STAR ApS — Credit Rating and Financial Key Figures

CVR number: 67381416
Ittukasiup aqq 7, 3911 Sisimiut
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Company information

Official name
ARCTIC STAR ApS
Established
1981
Company form
Private limited company
Industry

About ARCTIC STAR ApS

ARCTIC STAR ApS (CVR number: 67381416) is a company from QEQQATA. The company recorded a gross profit of 4017.5 kDKK in 2024. The operating profit was 411.2 kDKK, while net earnings were 286.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak and Return on Equity (ROE) was 3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 66.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ARCTIC STAR ApS's liquidity measured by quick ratio was 2.5 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 profit4 017.994 167.043 368.654 464.374 017.53
EBIT- 100.23832.6116.361 038.90411.25
Net earnings- 125.17575.28-3.82786.55286.10
Shareholders equity total7 992.518 567.798 563.979 350.519 636.62
Balance sheet total (assets)11 156.3510 904.2410 969.3712 026.3614 436.59
Net debt-4 712.66-4 119.46-5 025.49-5 076.07-3 726.38
Profitability
EBIT-%
ROA-0.9 %7.5 %0.2 %9.2 %3.4 %
ROE-1.6 %6.9 %-0.0 %8.8 %3.0 %
ROI-1.2 %9.7 %0.3 %11.6 %4.2 %
Economic value added (EVA)- 508.76206.09- 428.99337.11- 172.31
Solvency
Equity ratio71.6 %78.6 %78.4 %77.8 %66.8 %
Gearing2.2 %0.8 %20.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.82.52.62.32.5
Current ratio3.34.54.54.44.3
Cash and cash equivalents4 891.624 186.365 025.495 076.075 701.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBAA

Variable visualization

ROA:3.40%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.8%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member
Board member
Board member

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