GREENLAND GROUND CONSTRUCTION A/S

CVR number: 11885764
Vandsøvej 13 A, 3900 Nuuk

Credit rating

Company information

Official name
GREENLAND GROUND CONSTRUCTION A/S
Established
2000
Company form
Limited company
Industry
  • Expand more icon41Construction of buildings

About the company

GREENLAND GROUND CONSTRUCTION A/S (CVR number: 11885764) is a company from SERMERSOOQ. The company recorded a gross profit of -110.6 kDKK in 2023. The operating profit was -110.6 kDKK, while net earnings were -514.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1 %, which can be considered poor and Return on Equity (ROE) was -12.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -55.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. GREENLAND GROUND CONSTRUCTION A/S's liquidity measured by quick ratio was 0 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit2 271.079 595.04-89.97- 212.76- 110.56
EBIT2 379.049 095.04-89.97- 212.76- 110.56
Net earnings1 541.535 762.66- 263.09- 153.32- 514.20
Shareholders equity total-11 836.17-6 073.51-6 336.60-6 489.92-7 004.12
Balance sheet total (assets)33 868.803 041.201 021.042 801.795 524.28
Net debt43 854.024 338.196 317.857 595.5112 407.19
Profitability
EBIT-%
ROA5.1 %33.2 %-0.7 %1.0 %-1.0 %
ROE4.6 %31.2 %-13.0 %-8.0 %-12.4 %
ROI5.3 %35.2 %-0.8 %1.2 %-1.1 %
Economic value added (EVA)1 888.935 706.29359.39156.96216.29
Solvency
Equity ratio-25.4 %-65.5 %-85.5 %-69.8 %-55.9 %
Gearing-375.8 %-118.7 %-115.8 %-117.3 %-177.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.30.10.0
Current ratio0.10.30.10.0
Cash and cash equivalents631.482 869.031 021.0414.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-1.01%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-55.9%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

Companies in the same industry

Build time: 2024-10-04T14:01:35.309Z

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