QARSOQ TEGNESTUE ApS — Credit Rating and Financial Key Figures

CVR number: 12424159
Qullilerfik 2, 3900 Nuuk

Company information

Official name
QARSOQ TEGNESTUE ApS
Established
2007
Company form
Private limited company
Industry

About QARSOQ TEGNESTUE ApS

QARSOQ TEGNESTUE ApS (CVR number: 12424159) is a company from SERMERSOOQ. The company recorded a gross profit of 8090.3 kDKK in 2024. The operating profit was -252.2 kDKK, while net earnings were -94.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.6 %, which can be considered poor and Return on Equity (ROE) was -1.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 62.3 %, 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. QARSOQ TEGNESTUE ApS's liquidity measured by quick ratio was 3.9 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
2020
2021
2022
2023
2024
Volume
Net sales18 263.8521 555.5712 490.70
Gross profit11 967.2311 501.178 870.497 478.258 090.30
EBIT824.95492.98476.08133.64- 252.19
Net earnings552.92263.53434.93118.82-94.50
Shareholders equity total5 401.085 664.616 099.546 218.366 123.86
Balance sheet total (assets)13 318.4712 485.0211 586.6010 985.509 830.56
Net debt5 403.703 132.401 916.271 856.36161.45
Profitability
EBIT-%4.5 %2.3 %3.8 %
ROA6.4 %3.9 %5.5 %1.6 %-0.6 %
ROE10.8 %4.8 %7.4 %1.9 %-1.5 %
ROI7.9 %4.8 %6.7 %1.9 %-0.7 %
Economic value added (EVA)126.21- 214.17- 145.42- 363.77- 689.64
Solvency
Equity ratio40.6 %45.4 %52.6 %56.6 %62.3 %
Gearing101.4 %76.5 %59.2 %53.7 %38.4 %
Relative net indebtedness %42.7 %26.1 %30.4 %
Liquidity
Quick ratio1.82.23.34.13.9
Current ratio1.82.23.34.13.9
Cash and cash equivalents72.821 202.581 695.111 482.852 193.02
Capital use efficiency
Trade debtors turnover (days)71.376.5104.5
Net working capital %17.1 %16.1 %34.2 %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:-0.63%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.3%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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