XPLORATION SERVICES GREENLAND A/S — Credit Rating and Financial Key Figures

XPLORATION SERVICES GREENLAND A/S (CVR number: 12622465) is a company from SERMERSOOQ. The company recorded a gross profit of 4309.5 kDKK in 2023. The operating profit was 1069.9 kDKK, while net earnings were 48.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, 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 44.4 %, 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. XPLORATION SERVICES GREENLAND A/S's liquidity measured by quick ratio was 3 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.