GREENLAND TRAVEL A/S — Credit Rating and Financial Key Figures

GREENLAND TRAVEL A/S (CVR number: 32150756) is a company from KØBENHAVN. The company recorded a gross profit of 33.9 mDKK in 2023. The operating profit was 6050 kDKK, while net earnings were 5317 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.6 %, which can be considered good but Return on Equity (ROE) was 22.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54.2 %, 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. GREENLAND TRAVEL A/S's liquidity measured by quick ratio was 2.8 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.