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

CVR number: 32150756
Wilders Plads 13 A, 1403 København K
info@greenland-travel.dk
tel: 33131011
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Credit rating

Company information

Official name
GREENLAND TRAVEL A/S
Personnel
33 persons
Established
1985
Company form
Limited company
Industry

About GREENLAND TRAVEL A/S

GREENLAND TRAVEL A/S (CVR number: 32150756) is a company from KØBENHAVN. The company recorded a gross profit of 36.8 mDKK in 2024. The operating profit was 6336 kDKK, while net earnings were 5521 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.2 %, which can be considered good but Return on Equity (ROE) was 19.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 55.7 %, 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. GREENLAND TRAVEL A/S's liquidity measured by quick ratio was 2.9 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit15 606.0026 070.0038 514.0033 880.0036 789.00
EBIT-6 407.003 862.0014 509.006 050.006 336.00
Net earnings-5 541.0011 387.005 596.005 317.005 521.00
Shareholders equity total36 754.0048 141.0020 891.0026 208.0031 729.00
Balance sheet total (assets)77 371.0099 729.0064 479.0062 189.0072 686.00
Net debt-34 952.00-39 619.00
Profitability
EBIT-%
ROA-8.2 %4.4 %17.7 %11.6 %11.2 %
ROE-14.0 %26.8 %16.2 %22.6 %19.1 %
ROI-8.2 %4.4 %17.7 %16.2 %26.0 %
Economic value added (EVA)-8 532.322 015.1112 089.913 586.703 547.38
Solvency
Equity ratio100.0 %100.0 %100.0 %54.2 %55.7 %
Gearing0.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.82.9
Current ratio1.71.8
Cash and cash equivalents34 970.0039 619.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:11.2%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.7%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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