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Greenland Water Resources A/S — Credit Rating and Financial Key Figures

CVR number: 12592752
Naternaq 3, 3905 Nuussuaq
Free credit report Annual report

Company information

Official name
Greenland Water Resources A/S
Established
2010
Company form
Limited company
Industry

About Greenland Water Resources A/S

Greenland Water Resources A/S (CVR number: 12592752) is a company from SERMERSOOQ. The company recorded a gross profit of -26.8 kDKK in 2025. The operating profit was -26.8 kDKK, while net earnings were 30.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.5 %, which can be considered weak and Return on Equity (ROE) was 1.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 91.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Greenland Water Resources A/S's liquidity measured by quick ratio was 11.6 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
2021
2022
2023
2024
2025
Volume
Net sales675.00900.00
Gross profit96.21170.155.7249.18-26.80
EBIT-43.37-14.56-43.7749.18-26.80
Net earnings-47.56-14.65-43.8498.4730.46
Shareholders equity total2 350.022 335.372 291.532 390.002 420.46
Balance sheet total (assets)2 589.412 704.072 553.472 609.412 649.67
Net debt-0.41-0.070.03168.79170.71
Profitability
EBIT-%-6.4 %-1.6 %
ROA-1.6 %-0.6 %-1.7 %3.8 %1.5 %
ROE-2.0 %-0.6 %-1.9 %4.2 %1.3 %
ROI-1.8 %-0.6 %-1.9 %4.1 %1.5 %
Economic value added (EVA)- 167.55- 132.65- 161.12-65.97- 149.91
Solvency
Equity ratio90.8 %86.4 %89.7 %91.6 %91.3 %
Gearing0.0 %7.3 %7.2 %
Relative net indebtedness %35.4 %41.0 %
Liquidity
Quick ratio0.70.60.911.911.6
Current ratio0.70.60.911.911.6
Cash and cash equivalents0.410.074.672.76
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-11.0 %-14.8 %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:1.47%
Rating: 27/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.3%
Rating: 72/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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