FONDEN GRØNLANDS INGENIØRKOLLEGIUM I SISIMIUT — Credit Rating and Financial Key Figures

CVR number: 12335822
Narsannguaq 1, 3911 Sisimiut

Credit rating

Company information

Official name
FONDEN GRØNLANDS INGENIØRKOLLEGIUM I SISIMIUT
Established
2006
Industry
  • Expand more icon68Real estate activities

About FONDEN GRØNLANDS INGENIØRKOLLEGIUM I SISIMIUT

FONDEN GRØNLANDS INGENIØRKOLLEGIUM I SISIMIUT (CVR number: 12335822) is a company from QEQQATA. The company reported a net sales of 0.3 mDKK in 2023, demonstrating a growth of 2.2 % compared to the previous year. The operating profit percentage was at 54.2 % (EBIT: 0.2 mDKK), while net earnings were 193.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak and Return on Equity (ROE) was 0.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FONDEN GRØNLANDS INGENIØRKOLLEGIUM I SISIMIUT's liquidity measured by quick ratio was 207.1 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
2019
2020
2021
2022
2023
Volume
Net sales296.51279.86319.98329.83337.08
Gross profit942.55838.13867.94838.10904.19
EBIT221.12116.70146.51116.68182.76
Net earnings213.8472.6096.7874.92193.69
Shareholders equity total45 272.4245 345.0245 441.8145 516.7345 710.42
Balance sheet total (assets)45 297.4245 372.7745 474.3145 554.7345 754.66
Net debt-5 326.78-6 203.82-6 794.37-7 625.78-8 303.02
Profitability
EBIT-%74.6 %41.7 %45.8 %35.4 %54.2 %
ROA0.5 %0.3 %0.3 %0.3 %0.4 %
ROE0.5 %0.2 %0.2 %0.2 %0.4 %
ROI0.5 %0.3 %0.3 %0.3 %0.4 %
Economic value added (EVA)425.29369.30443.18443.02550.88
Solvency
Equity ratio99.9 %99.9 %99.9 %99.9 %99.9 %
Gearing
Relative net indebtedness %-1788.1 %-2206.9 %-2113.2 %-2300.5 %-2450.1 %
Liquidity
Quick ratio232.7238.3228.8216.8207.1
Current ratio232.7238.3228.8216.8207.1
Cash and cash equivalents5 326.786 203.826 794.377 625.788 303.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %1953.4 %2353.3 %2313.9 %2486.2 %2704.3 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:0.40%
Rating: 22/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.9%
Rating: 99/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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