AV Greenland ApS — Credit Rating and Financial Key Figures

CVR number: 43211439
Naternaq 28, 3905 Nuussuaq
rrn@avg.gl
Free credit report Annual report

Credit rating

Company information

Official name
AV Greenland ApS
Established
2022
Company form
Private limited company
Industry

About AV Greenland ApS

AV Greenland ApS (CVR number: 43211439) is a company from SERMERSOOQ. The company recorded a gross profit of 2227.7 kDKK in 2024. The operating profit was 547.9 kDKK, while net earnings were 320.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.9 %, which can be considered good but Return on Equity (ROE) was 76 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 19.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. AV Greenland ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
2024
Volume
Net sales
Gross profit2 309.031 680.062 227.73
EBIT292.2626.04547.93
Net earnings208.632.79320.19
Shareholders equity total258.63261.42581.61
Balance sheet total (assets)1 050.835 576.662 928.13
Net debt-80.80158.21588.92
Profitability
EBIT-%
ROA27.8 %0.8 %12.9 %
ROE80.7 %1.1 %76.0 %
ROI113.0 %7.7 %68.2 %
Economic value added (EVA)215.185.50390.30
Solvency
Equity ratio24.6 %4.7 %19.9 %
Gearing60.7 %103.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.00.8
Current ratio2.81.11.4
Cash and cash equivalents80.800.4311.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:12.9%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:19.9%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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