GRØNLANDS SKIBS- OG ENTREPRENØRVÆRKSTED ApS — Credit Rating and Financial Key Figures

GRØNLANDS SKIBS- OG ENTREPRENØRVÆRKSTED ApS (CVR number: 87671712) is a company from SERMERSOOQ. The company reported a net sales of 11.4 mDKK in 2023, demonstrating a decline of -5.5 % compared to the previous year. The operating profit percentage was at 5.6 % (EBIT: 0.6 mDKK), while net earnings were 750.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.9 %, which can be considered good but Return on Equity (ROE) was 22.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 77 %, 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. GRØNLANDS SKIBS- OG ENTREPRENØRVÆRKSTED ApS's liquidity measured by quick ratio was 2.6 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.