LED SOLAR GREENLAND ApS — Credit Rating and Financial Key Figures

CVR number: 12722915
Isaajap Aqqutaa 18, 3900 Nuuk
jesper@lsg.gl
tel: 550606
www.lsg.gl

Credit rating

Company information

Official name
LED SOLAR GREENLAND ApS
Established
2014
Company form
Private limited company
Industry

About LED SOLAR GREENLAND ApS

LED SOLAR GREENLAND ApS (CVR number: 12722915) is a company from SERMERSOOQ. The company recorded a gross profit of 2038.2 kDKK in 2024. The operating profit was -407 kDKK, while net earnings were -473.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.8 %, which can be considered poor and Return on Equity (ROE) was -32.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 30.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. LED SOLAR GREENLAND ApS's liquidity measured by quick ratio was 0.6 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 profit1 006.81400.222 348.393 116.122 038.18
EBIT865.27- 231.89249.44966.59- 407.00
Net earnings566.03- 148.34131.31550.16- 473.08
Shareholders equity total1 141.94993.601 124.921 675.071 198.11
Balance sheet total (assets)1 612.641 936.843 371.404 393.973 935.22
Net debt- 926.99796.321 061.391 713.512 278.63
Profitability
EBIT-%
ROA74.4 %-13.1 %9.4 %25.0 %-9.8 %
ROE65.9 %-13.9 %12.4 %39.3 %-32.9 %
ROI100.7 %-15.8 %12.5 %34.3 %-11.7 %
Economic value added (EVA)561.18- 188.9992.20600.60- 473.61
Solvency
Equity ratio70.8 %51.3 %33.4 %38.1 %30.4 %
Gearing80.1 %94.4 %102.3 %190.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.00.80.40.60.6
Current ratio2.71.01.11.31.0
Cash and cash equivalents926.99
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-9.77%
Rating: 10/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.4%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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