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Permagreen Grønland A/S — Credit Rating and Financial Key Figures

CVR number: 16054895
3900 Nuuk
Free credit report Annual report

Company information

Official name
Permagreen Grønland A/S
Established
1992
Company form
Limited company
Industry

About Permagreen Grønland A/S

Permagreen Grønland A/S (CVR number: 16054895) is a company from SERMERSOOQ. The company reported a net sales of 535.4 mDKK in 2025, demonstrating a growth of 3.8 % compared to the previous year. The operating profit percentage was at 4.3 % (EBIT: 23.2 mDKK), while net earnings were 26.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9.3 %, which can be considered good but Return on Equity (ROE) was 22.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 28 %, 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. Permagreen Grønland A/S's liquidity measured by quick ratio was 0.6 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2021
2022
2023
2024
2025
Volume
Net sales406.54288.69517.19515.94535.41
Gross profit29.4121.6330.6454.4947.23
EBIT8.045.096.6829.3523.16
Net earnings4.023.205.7927.6626.16
Shareholders equity total66.9170.1175.90103.56129.72
Balance sheet total (assets)230.29276.61376.59340.38463.94
Net debt57.96104.40121.2791.24129.88
Profitability
EBIT-%2.0 %1.8 %1.3 %5.7 %4.3 %
ROA3.9 %2.0 %3.1 %10.9 %9.3 %
ROE6.2 %4.7 %7.9 %30.8 %22.4 %
ROI5.8 %2.9 %4.4 %15.9 %14.2 %
Economic value added (EVA)0.54-3.54-5.006.072.37
Solvency
Equity ratio29.1 %25.3 %20.2 %30.4 %28.0 %
Gearing111.4 %156.0 %228.4 %101.1 %107.1 %
Relative net indebtedness %32.8 %65.6 %45.4 %39.4 %55.4 %
Liquidity
Quick ratio1.41.11.00.70.6
Current ratio1.61.11.00.80.7
Cash and cash equivalents16.594.9552.0813.499.08
Capital use efficiency
Trade debtors turnover (days)47.965.654.442.361.7
Net working capital %13.5 %6.6 %0.3 %-7.2 %-17.3 %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:9.29%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:28.0%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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