Grønlands Revision A/S, statsautoriserede revisorer
Credit rating
Company information
About Grønlands Revision A/S, statsautoriserede revisorer
Grønlands Revision A/S, statsautoriserede revisorer (CVR number: 41762667) is a company from SERMERSOOQ. The company reported a net sales of 26.6 mDKK in 2024, demonstrating a decline of -0.5 % compared to the previous year. The operating profit percentage was at 18.5 % (EBIT: 4.9 mDKK), while net earnings were 3718.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18 %, which can be considered excellent and Return on Equity (ROE) was 24.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54.8 %, 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. Grønlands Revision A/S, statsautoriserede revisorer's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 21 607.93 | 23 039.22 | 26 104.91 | 26 737.32 | 26 611.28 |
Gross profit | 19 152.65 | 20 210.73 | 23 408.87 | 23 793.32 | 23 757.36 |
EBIT | 1 763.38 | 2 953.86 | 4 703.89 | 4 564.16 | 4 931.18 |
Net earnings | 2 937.46 | 2 173.67 | 3 764.37 | 3 393.72 | 3 718.51 |
Shareholders equity total | 3 963.46 | 6 137.13 | 9 901.50 | 13 298.22 | 17 016.73 |
Balance sheet total (assets) | 30 927.80 | 28 188.29 | 25 199.67 | 27 307.57 | 31 065.83 |
Net debt | 5 768.88 | 634.29 | 3 439.36 | 2 812.92 | 4 007.46 |
Profitability | |||||
EBIT-% | 8.2 % | 12.8 % | 18.0 % | 17.1 % | 18.5 % |
ROA | 5.9 % | 10.2 % | 17.7 % | 17.9 % | 18.0 % |
ROE | 74.1 % | 43.0 % | 46.9 % | 29.3 % | 24.5 % |
ROI | 6.7 % | 12.0 % | 22.5 % | 23.5 % | 22.8 % |
Economic value added (EVA) | 1 252.00 | 1 972.65 | 3 490.93 | 2 926.16 | 3 002.76 |
Solvency | |||||
Equity ratio | 12.8 % | 21.8 % | 39.3 % | 48.7 % | 54.8 % |
Gearing | 145.6 % | 10.3 % | 34.7 % | 21.2 % | 23.6 % |
Relative net indebtedness % | 90.1 % | 66.4 % | 36.9 % | 34.1 % | 37.4 % |
Liquidity | |||||
Quick ratio | 0.3 | 0.6 | 0.4 | 0.4 | 0.3 |
Current ratio | 0.3 | 0.6 | 0.4 | 0.4 | 0.3 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 32.8 | 32.7 | 31.2 | 43.9 | 33.0 |
Net working capital % | -30.8 % | -11.1 % | -23.8 % | -20.4 % | -25.6 % |
Credit risk | |||||
Credit rating | A | AA | AA | AA | AA |
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