CP Tools Greenland IVS — Credit Rating and Financial Key Figures

CP Tools Greenland IVS (CVR number: 40073566) is a company from SERMERSOOQ. The company recorded a gross profit of -21 kDKK in 2021. The operating profit was -21 kDKK, while net earnings were -15.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.9 %, which can be considered poor and Return on Equity (ROE) was -63.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 31 %, 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. CP Tools Greenland IVS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.