QARSOQ TEGNESTUE ApS

CVR number: 12424159
Qullilerfik 2, 3900 Nuuk

Credit rating

Company information

Official name
QARSOQ TEGNESTUE ApS
Established
2007
Company form
Private limited company
Industry
  • Expand more icon71Architectural and engineering activities; technical testing and analysis

About QARSOQ TEGNESTUE ApS

QARSOQ TEGNESTUE ApS (CVR number: 12424159) is a company from SERMERSOOQ. The company reported a net sales of 11.7 mDKK in 2023, demonstrating a decline of -6 % compared to the previous year. The operating profit percentage was at 1.1 % (EBIT: 0.1 mDKK), while net earnings were 118.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak and Return on Equity (ROE) was 1.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 56.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. QARSOQ TEGNESTUE ApS's liquidity measured by quick ratio was 4.1 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales16 275.1518 263.8521 555.5712 490.7011 739.53
Gross profit9 982.4311 967.2311 501.178 870.497 478.25
EBIT1 180.57824.95492.98476.08133.64
Net earnings799.55552.92263.53434.93118.82
Shareholders equity total4 848.155 401.085 664.616 099.546 218.36
Balance sheet total (assets)12 528.2313 318.4712 485.0211 586.6010 985.50
Net debt3 458.395 403.703 132.401 916.271 856.36
Profitability
EBIT-%7.3 %4.5 %2.3 %3.8 %1.1 %
ROA9.2 %6.4 %3.9 %5.5 %1.6 %
ROE18.0 %10.8 %4.8 %7.4 %1.9 %
ROI11.7 %7.9 %4.8 %6.7 %1.9 %
Economic value added (EVA)415.19233.76- 139.64-60.69- 277.60
Solvency
Equity ratio38.7 %40.6 %45.4 %52.6 %56.6 %
Gearing101.7 %101.4 %76.5 %59.2 %53.7 %
Relative net indebtedness %37.5 %42.7 %26.1 %30.4 %28.0 %
Liquidity
Quick ratio1.91.82.23.34.1
Current ratio1.91.82.23.34.1
Cash and cash equivalents1 471.0372.821 202.581 695.111 482.85
Capital use efficiency
Trade debtors turnover (days)94.871.376.5104.598.4
Net working capital %17.4 %17.1 %16.1 %34.2 %37.8 %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:1.61%
Rating: 28/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.6%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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