IPS Consult Greenland ApS

CVR number: 41020385
J.Sverdrupip Aqq 34, 3952 Ilulissat
jls.greenland@gmail.com

Credit rating

Company information

Official name
IPS Consult Greenland ApS
Established
2019
Company form
Private limited company
Industry
  • Expand more icon74Other professional, scientific and technical activities

About the company

IPS Consult Greenland ApS (CVR number: 41020385) is a company from AVANNAATA. The company recorded a gross profit of 365.3 kDKK in 2023. The operating profit was 296.7 kDKK, while net earnings were 140.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14 %, which can be considered good but Return on Equity (ROE) was 43.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 18.4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. IPS Consult Greenland ApS's liquidity measured by quick ratio was 4.8 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020202120222023
Volume
Net sales
Gross profit86.78208.03265.26365.34
EBIT49.05147.78205.02296.69
Net earnings17.1478.80110.01140.70
Shareholders equity total67.14145.94255.95396.65
Balance sheet total (assets)1 867.182 027.042 077.802 151.14
Net debt1 678.531 567.811 313.111 165.23
Profitability
EBIT-%
ROA2.6 %7.6 %10.0 %14.0 %
ROE25.5 %74.0 %54.7 %43.1 %
ROI2.6 %7.7 %10.5 %14.7 %
Economic value added (EVA)36.05105.40136.21182.81
Solvency
Equity ratio3.6 %7.2 %12.3 %18.4 %
Gearing2671.7 %1249.3 %644.4 %418.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.71.84.8
Current ratio0.92.56.0
Cash and cash equivalents115.33255.40336.25495.20
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:14.0%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.4%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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