Greenland Fortescue A/S — Credit Rating and Financial Key Figures

Greenland Fortescue A/S (CVR number: 41266732) is a company from SERMERSOOQ. The company recorded a gross profit of -63 kDKK in 2023. The operating profit was -63 kDKK, while net earnings were -64.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -51 %, which can be considered poor and Return on Equity (ROE) was -76.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 57.8 %, 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 Fortescue A/S's liquidity measured by quick ratio was 2.4 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.