GRØNLANDS EJENDOMSSELSKAB ApS - KALAALLIT NUNAATA ILLUUTILEQATIGIIFIA — Credit Rating and Financial Key Figures

GRØNLANDS EJENDOMSSELSKAB ApS - KALAALLIT NUNAATA ILLUUTILEQATIGIIFIA (CVR number: 10276179) is a company from SERMERSOOQ. The company recorded a gross profit of 1822.2 kDKK in 2023. The operating profit was 2107.4 kDKK, while net earnings were 1357.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.4 %, which can be considered decent and Return on Equity (ROE) was 5.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 35 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. GRØNLANDS EJENDOMSSELSKAB ApS - KALAALLIT NUNAATA ILLUUTILEQATIGIIFIA's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.