INUIT QUALITY CLOTHES OF GREENLAND ApS — Credit Rating and Financial Key Figures

CVR number: 12684762
Naapittarfik 3, 3900 Nuuk
hanne@inuitquality.gl
tel: 497566
www.inuitquality.gl

Credit rating

Company information

Official name
INUIT QUALITY CLOTHES OF GREENLAND ApS
Established
2012
Company form
Private limited company
Industry

About INUIT QUALITY CLOTHES OF GREENLAND ApS

INUIT QUALITY CLOTHES OF GREENLAND ApS (CVR number: 12684762) is a company from SERMERSOOQ. The company recorded a gross profit of 2927.7 kDKK in 2024. The operating profit was -981.8 kDKK, while net earnings were -805.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.7 %, which can be considered poor and Return on Equity (ROE) was -22.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 51.7 %, 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. INUIT QUALITY CLOTHES OF GREENLAND ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit3 049.733 652.063 850.714 050.012 927.68
EBIT469.60211.41163.13402.99- 981.77
Net earnings302.1399.11180.00252.21- 805.05
Shareholders equity total3 756.693 555.803 735.803 988.003 182.95
Balance sheet total (assets)7 420.138 042.655 451.655 577.196 154.53
Net debt1 110.252 061.60-91.95167.93585.18
Profitability
EBIT-%
ROA7.3 %2.7 %5.4 %7.4 %-16.7 %
ROE8.0 %2.7 %4.9 %6.5 %-22.5 %
ROI9.6 %3.5 %6.8 %9.0 %-21.1 %
Economic value added (EVA)154.15- 145.52- 196.0367.58- 963.34
Solvency
Equity ratio50.6 %44.2 %68.5 %71.5 %51.7 %
Gearing58.5 %74.0 %18.7 %11.9 %50.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.40.90.50.5
Current ratio2.61.93.53.92.1
Cash and cash equivalents1 086.15569.12790.72305.351 007.03
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:-16.7%
Rating: 3/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.7%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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