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GRØNLANDS SKIBS- OG ENTREPRENØRVÆRKSTED ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GRØNLANDS SKIBS- OG ENTREPRENØRVÆRKSTED ApS
GRØNLANDS SKIBS- OG ENTREPRENØRVÆRKSTED ApS (CVR number: 87671712) is a company from SERMERSOOQ. The company reported a net sales of 11.4 mDKK in 2025, demonstrating a growth of 0.3 % compared to the previous year. The operating profit percentage was at 1.3 % (EBIT: 0.1 mDKK), while net earnings were 209.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak but Return on Equity (ROE) was 6.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 80.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GRØNLANDS SKIBS- OG ENTREPRENØRVÆRKSTED ApS's liquidity measured by quick ratio was 3.2 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 11 290.24 | 12 070.22 | 11 408.41 | 11 336.18 | 11 373.46 |
| Gross profit | 7 688.82 | 7 412.49 | 10 219.79 | 6 408.36 | 6 235.97 |
| EBIT | 494.93 | 1 009.43 | 640.18 | 455.68 | 147.70 |
| Net earnings | 489.61 | 847.52 | 750.92 | 425.49 | 209.77 |
| Shareholders equity total | 2 924.48 | 3 371.99 | 3 222.91 | 3 348.40 | 3 158.17 |
| Balance sheet total (assets) | 4 260.76 | 4 952.99 | 4 187.03 | 4 137.36 | 3 928.48 |
| Net debt | -1 188.51 | -1 631.70 | -1 144.07 | -1 302.40 | -1 640.80 |
| Profitability | |||||
| EBIT-% | 4.4 % | 8.4 % | 5.6 % | 4.0 % | 1.3 % |
| ROA | 11.7 % | 21.9 % | 14.9 % | 11.2 % | 3.7 % |
| ROE | 16.7 % | 26.9 % | 22.8 % | 12.9 % | 6.4 % |
| ROI | 16.3 % | 30.4 % | 19.6 % | 13.9 % | 4.5 % |
| Economic value added (EVA) | 343.61 | 696.48 | 522.05 | 247.03 | 38.09 |
| Solvency | |||||
| Equity ratio | 68.6 % | 68.1 % | 77.0 % | 80.9 % | 80.4 % |
| Gearing | |||||
| Relative net indebtedness % | 0.5 % | -2.5 % | -2.6 % | -4.7 % | -8.2 % |
| Liquidity | |||||
| Quick ratio | 2.0 | 2.3 | 2.6 | 3.2 | 3.2 |
| Current ratio | 3.0 | 3.2 | 3.9 | 4.5 | 4.7 |
| Cash and cash equivalents | 1 188.51 | 1 631.70 | 1 144.07 | 1 302.40 | 1 640.80 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 35.5 | 39.5 | 26.6 | 29.3 | 11.8 |
| Net working capital % | 21.8 % | 24.3 % | 21.2 % | 23.4 % | 22.9 % |
| Credit risk | |||||
| Credit rating | A | A | A | BBB | A |
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