FONDEN GRØNLANDS INGENIØRKOLLEGIUM I SISIMIUT — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 296.51 | 279.86 | 319.98 | 329.83 | 337.08 |
Gross profit | 942.55 | 838.13 | 867.94 | 838.10 | 904.19 |
EBIT | 221.12 | 116.70 | 146.51 | 116.68 | 182.76 |
Net earnings | 213.84 | 72.60 | 96.78 | 74.92 | 193.69 |
Shareholders equity total | 45 272.42 | 45 345.02 | 45 441.81 | 45 516.73 | 45 710.42 |
Balance sheet total (assets) | 45 297.42 | 45 372.77 | 45 474.31 | 45 554.73 | 45 754.66 |
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 % |
ROA | 0.5 % | 0.3 % | 0.3 % | 0.3 % | 0.4 % |
ROE | 0.5 % | 0.2 % | 0.2 % | 0.2 % | 0.4 % |
ROI | 0.5 % | 0.3 % | 0.3 % | 0.3 % | 0.4 % |
Economic value added (EVA) | 425.29 | 369.30 | 443.18 | 443.02 | 550.88 |
Solvency | |||||
Equity ratio | 99.9 % | 99.9 % | 99.9 % | 99.9 % | 99.9 % |
Gearing | |||||
Relative net indebtedness % | -1788.1 % | -2206.9 % | -2113.2 % | -2300.5 % | -2450.1 % |
Liquidity | |||||
Quick ratio | 232.7 | 238.3 | 228.8 | 216.8 | 207.1 |
Current ratio | 232.7 | 238.3 | 228.8 | 216.8 | 207.1 |
Cash and cash equivalents | 5 326.78 | 6 203.82 | 6 794.37 | 7 625.78 | 8 303.02 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 1953.4 % | 2353.3 % | 2313.9 % | 2486.2 % | 2704.3 % |
Credit risk | |||||
Credit rating | A | A | A | A | A |
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