TASERMIUT, SOUTH GREENLAND EXPEDITIONS ApS — Credit Rating and Financial Key Figures

TASERMIUT, SOUTH GREENLAND EXPEDITIONS ApS (CVR number: 12398964) is a company from KUJALLEQ. The company recorded a gross profit of 3676 kDKK in 2023. The operating profit was 497.5 kDKK, while net earnings were 408.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.1 %, which can be considered good but Return on Equity (ROE) was 40.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.7 %, 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. TASERMIUT, SOUTH GREENLAND EXPEDITIONS ApS's liquidity measured by quick ratio was 0.5 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.