GREENLAND ICE CAP PRODUCTIONS A/S

GREENLAND ICE CAP PRODUCTIONS A/S (CVR number: 20274301) is a company from KUJALLEQ. The company recorded a gross profit of 61.6 kDKK in 2023. The operating profit was 20 kDKK, while net earnings were 20 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak but Return on Equity (ROE) was 37.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -96.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. GREENLAND ICE CAP PRODUCTIONS A/S's liquidity measured by quick ratio was 0 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.