Greenland Anorthosite Mining A/S — Credit Rating and Financial Key Figures

Greenland Anorthosite Mining A/S (CVR number: 40502262) is a company from SERMERSOOQ. The company recorded a gross profit of 3145.3 kDKK in 2024. The operating profit was -2055 kDKK, while net earnings were -2249.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.9 %, which can be considered poor and Return on Equity (ROE) was -4.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79.6 %, 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. Greenland Anorthosite Mining A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.