Albatros Arctic Circle ApS

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CVR 12471122Edv.sivertsenip Aqq 18, 3952 IlulissatIntermediation service activities for business support service activities n.e.c.· NACE 8240Est. 2008 · 18 years old— employeeshttps://www.aac.gl

Overview

Albatros Arctic Circle ApS is a Danish APS based in Ilulissat, operating in the Intermediation service activities for business support service activities n.e.c. sector. Incorporated in 2008, the company reported revenue of DKK 96.9m in its latest annual filing.

Revenue 2025

96.9M DKK

+30% vs 2024

EBITDA margin

14.2 %

−44% vs 2024

Net profit 2025

3.4M DKK

-70% vs 2024

Key ratios

See full ratios →

30.3 %

Weak

Among the 40% lowest rated companies in the industry

20212025

0.5×

Very weak

Among the 20% lowest rated companies in the industry

20212025

2.7 %

Average

Around the average of companies in the same industry

20212025

EBITDA — year on year

DKK millions

Key figures

Annual report 2025

Revenue	96.9M DKK	+30%
EBITDA	13.7M DKK	-44%
Net profit	3.4M DKK	-70%
Total assets	124.7M DKK	-6%
Equity	37.7M DKK	+10%
Employees	—	—

Contact

Address

Edv.sivertsenip Aqq 18, 3952 Ilulissat

Phone

+45943343

accounting@aac.gl

Website

https://www.aac.gl

Advertising protection

Active — opted out of marketing use

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Financial development

In its most recent annual report (2025), Albatros Arctic Circle ApS reported revenue of DKK 96.9m, an increase of 30% on the year before. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net profit of DKK 3.4m, and the EBITDA margin stood at 14.2%.

At the end of 2025, equity financed 30.3% of the balance sheet, and current assets covered short-term debt 0.5 times.

Financials

Revenue

DKK millions

EBITDA

DKK millions

Income statement

DKK thousands

Item	2025	2024	2023	2022	2021
Revenue	96,945	74,674	55,538	35,817	10,832
Staff expenses	-43,688	-50,333	-34,936	-22,080	-13,291
EBITDA	13,746	24,341	20,317	13,282	-2,459
Depreciation & amort.	-5,724	-5,130	-3,416	-2,451	-2,546
EBIT	8,022	19,211	16,901	10,831	-5,006
Net financials	-3,448	-4,211	-2,469	-1,072	-787
Profit before tax	4,574	15,000	14,432	9,759	-5,793
Tax	1,219	3,801	3,624	2,211	-1,528
Net profit	3,355	11,199	10,808	7,548	-4,264

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Balance sheet

DKK thousands

Item	2025	2024	2023	2022	2021
Total assets	124,733	132,094	123,702	78,121	59,210
Equity	37,732	34,377	23,178	12,370	4,823
Long-term debt	45,575	56,328	59,988	44,635	44,295
Short-term debt	33,359	33,191	32,890	14,971	6,159
Total debt	78,933	89,519	92,879	59,606	50,454

Financial ratios

5-year trend

EBITDA margin

14.2 %

20212025

Equity ratio

30.3 %

Weak

Among the 40% lowest rated companies in the industry

20212025

Return on equity

8.9 %

Average

Around the average of companies in the same industry

20212025

Net profit margin

3.5 %

Average

Around the average of companies in the same industry

20212025

Asset turnover

0.78×

Average

Around the average of companies in the same industry

20212025

Debt / equity

2.31×

Weak

Among the 30% lowest rated companies in the industry

20212025

Sector performance

28 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Gross marginAverage

Around the average of companies in the same industry

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginStrong

Among the 40% highest rated companies in the industry

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginAverage

Around the average of companies in the same industry

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Return on equity (ROE)Average

Around the average of companies in the same industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Average

Around the average of companies in the same industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Average

Around the average of companies in the same industry

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Basic earning power (BEP)Average

Around the average of companies in the same industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioAverage

Around the average of companies in the same industry

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Liquidity

Current ratioVery weak

Among the 20% lowest rated companies in the industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioVery weak

Among the 20% lowest rated companies in the industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioWeak

Among the 40% lowest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityVery strong

Among the 20% highest rated companies in the industry

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalVery weak

Among the 20% lowest rated companies in the industry

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Cash conversion ratioVery strong

Among the 10% highest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioWeak

Among the 40% lowest rated companies in the industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioAverage

Around the average of companies in the same industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityWeak

Among the 30% lowest rated companies in the industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityWeak

Among the 30% lowest rated companies in the industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtAverage

Around the average of companies in the same industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtAverage

Around the average of companies in the same industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageAverage

Around the average of companies in the same industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtWeak

Among the 30% lowest rated companies in the industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginAverage

Around the average of companies in the same industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Efficiency & development

Asset turnoverAverage

Around the average of companies in the same industry

Revenue relative to total assets — the ability to generate revenue from the asset base.

Inventory turnoverStrong

Among the 40% highest rated companies in the industry

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

Equity to contributed capitalVery strong

Among the 10% highest rated companies in the industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityStrong

Among the 40% highest rated companies in the industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtStrong

Among the 40% highest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

Annual reports & filings

Annual report 2025
Filed via CVR / Virk · Period 2025-01-01 – 2025-12-31
View PDF
Annual report 2024
Filed via CVR / Virk · Period 2024-01-01 – 2024-12-31
View PDF
Annual report 2023
Filed via CVR / Virk · Period 2023-01-01 – 2023-12-31
View PDF
Annual report 2022
Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
View PDF
Annual report 2021
Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
View PDF

People & ownership

Management

Actively employed in the business

No data on file.

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

No shareholder data available.

Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.

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Related companies

Company hierarchy

Albatros Holding ApS100%

Albatros Arctic Circle ApS (this company)

Frequently asked questions

What is the CVR number of Albatros Arctic Circle ApS?

Albatros Arctic Circle ApS is registered with CVR / Virk under CVR 12471122.

What is the revenue of Albatros Arctic Circle ApS?

Albatros Arctic Circle ApS reported revenue of DKK 96.9m in 2025.

Where is Albatros Arctic Circle ApS headquartered?

Albatros Arctic Circle ApS's registered address is Edv.sivertsenip Aqq 18.