KINGO GRØNLAND ApS — Credit Rating and Financial Key Figures

CVR number: 12750129
3905 Nuussuaq

Company information

Official name
KINGO GRØNLAND ApS
Established
2014
Company form
Private limited company
Industry

About KINGO GRØNLAND ApS

KINGO GRØNLAND ApS (CVR number: 12750129) is a company from SERMERSOOQ. The company recorded a gross profit of -50.5 kDKK in 2023. The operating profit was -50.5 kDKK, while net earnings were -50.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.2 %, which can be considered poor and Return on Equity (ROE) was -3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 66.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. KINGO GRØNLAND ApS'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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit322.3882.84185.16504.11-50.50
EBIT322.3882.84185.16504.11-50.50
Net earnings248.9436.1472.94345.95-50.21
Shareholders equity total1 239.071 275.201 348.141 694.101 643.89
Balance sheet total (assets)4 389.052 682.146 086.025 920.152 481.18
Net debt-3 740.70- 195.77-5 441.02-5 720.15-2 481.18
Profitability
EBIT-%
ROA12.3 %2.3 %4.2 %8.4 %-1.2 %
ROE22.3 %2.9 %5.6 %22.7 %-3.0 %
ROI29.4 %6.5 %13.8 %31.2 %-2.9 %
Economic value added (EVA)220.92190.5977.22598.72161.96
Solvency
Equity ratio28.2 %47.5 %22.2 %28.6 %66.3 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.41.91.31.43.0
Current ratio1.41.91.31.43.0
Cash and cash equivalents3 740.70195.775 441.025 720.152 481.18
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-1.19%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.3%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.