LM GRØNLAND ApS

CVR number: 12644620
Nasiffimmut 14, 3911 Sisimiut

Credit rating

Company information

Official name
LM GRØNLAND ApS
Established
2012
Company form
Private limited company
Industry
  • Expand more icon68Real estate activities

About the company

LM GRØNLAND ApS (CVR number: 12644620) is a company from QEQQATA. The company recorded a gross profit of 637.4 kDKK in 2023. The operating profit was 29.4 kDKK, while net earnings were 22.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.9 %, which can be considered excellent and Return on Equity (ROE) was 16.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 75.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. LM GRØNLAND ApS's liquidity measured by quick ratio was 4.1 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit741.39660.18677.16552.00637.42
EBIT-59.617.1874.16-76.0029.42
Net earnings-40.54-11.2254.31-66.5722.18
Shareholders equity total150.19138.97193.28126.71148.89
Balance sheet total (assets)281.71202.40268.26184.06196.26
Net debt- 156.63- 104.34- 126.12-97.28-83.79
Profitability
EBIT-%
ROA-18.0 %3.0 %31.5 %-33.6 %15.9 %
ROE-23.8 %-7.8 %32.7 %-41.6 %16.1 %
ROI-32.7 %4.6 %41.7 %-43.0 %19.0 %
Economic value added (EVA)-37.876.0153.36-68.1721.22
Solvency
Equity ratio53.3 %68.7 %72.0 %68.8 %75.9 %
Gearing7.9 %8.5 %5.9 %16.8 %14.4 %
Relative net indebtedness %
Liquidity
Quick ratio2.13.23.63.24.1
Current ratio2.13.23.63.24.1
Cash and cash equivalents168.43116.13137.58118.55105.27
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:15.9%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.9%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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