TUULLIK A/S — Credit Rating and Financial Key Figures

CVR number: 16175803
3900 Nuuk

Credit rating

Company information

Official name
TUULLIK A/S
Established
1992
Company form
Limited company
Industry
  • Expand more icon03Fishing and aquaculture

About TUULLIK A/S

TUULLIK A/S (CVR number: 16175803) is a company from SERMERSOOQ. The company reported a net sales of 51.6 mDKK in 2023, demonstrating a growth of 15.8 % compared to the previous year. The operating profit percentage was at 9.6 % (EBIT: 5 mDKK), while net earnings were 4045 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.8 %, which can be considered good and Return on Equity (ROE) was 12.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 69.9 %, 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. TUULLIK A/S's liquidity measured by quick ratio was 1.9 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales53.6553.3452.4644.5551.58
Gross profit36.1138.0838.2326.8730.72
EBIT17.1919.9917.477.444.96
Net earnings14.8120.4918.319.324.04
Shareholders equity total26.9128.8027.1223.2442.73
Balance sheet total (assets)34.3536.4834.6628.7056.25
Net debt-0.43-0.78-2.651.006.69
Profitability
EBIT-%32.0 %37.5 %33.3 %16.7 %9.6 %
ROA54.4 %56.4 %49.8 %25.0 %14.8 %
ROE60.3 %73.6 %65.5 %37.0 %12.3 %
ROI69.6 %71.7 %62.5 %30.3 %15.9 %
Economic value added (EVA)13.9719.3216.677.522.48
Solvency
Equity ratio78.3 %78.8 %78.2 %81.0 %69.9 %
Gearing4.6 %15.7 %
Relative net indebtedness %12.9 %12.9 %7.9 %11.7 %26.2 %
Liquidity
Quick ratio3.33.73.33.21.9
Current ratio3.43.83.43.52.0
Cash and cash equivalents0.430.782.650.07
Capital use efficiency
Trade debtors turnover (days)20.96.6
Net working capital %33.1 %40.5 %31.3 %29.2 %16.9 %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:14.8%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.9%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board
Board member

Companies in the same industry

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