Greenlandic Seafood ApS — Credit Rating and Financial Key Figures

Greenlandic Seafood ApS (CVR number: 40633448) is a company from SERMERSOOQ. The company recorded a gross profit of 4099 kDKK in 2023. The operating profit was 750.9 kDKK, while net earnings were -312.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak but Return on Equity (ROE) was -1.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Greenlandic Seafood ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.