NIRAS GREENLAND A/S — Credit Rating and Financial Key Figures

CVR number: 87672328
Issortarfimmut 13, 3905 Nuussuaq

Company information

Official name
NIRAS GREENLAND A/S
Established
1977
Company form
Limited company
Industry

About NIRAS GREENLAND A/S

NIRAS GREENLAND A/S (CVR number: 87672328) is a company from SERMERSOOQ. The company recorded a gross profit of 8034 kDKK in 2023. The operating profit was 442 kDKK, while net earnings were 475 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.1 %, which can be considered good but Return on Equity (ROE) was 7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 95.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. NIRAS GREENLAND A/S's liquidity measured by quick ratio was 7600 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
2019
2020
2021
2022
2023
Volume
Net sales5 014.003 877.00
Gross profit358.003 815.003 666.006 279.008 034.00
EBIT358.00274.00152.00468.00442.00
Net earnings607.00408.00164.00357.00475.00
Shareholders equity total6 661.006 334.006 293.006 634.006 973.00
Balance sheet total (assets)9 497.006 421.006 437.006 955.007 600.00
Net debt-5 891.00- 494.00-2 496.00-1 734.00
Profitability
EBIT-%7.1 %7.1 %
ROA4.1 %3.7 %2.5 %7.3 %8.1 %
ROE8.6 %6.3 %2.6 %5.5 %7.0 %
ROI4.2 %3.7 %2.6 %7.4 %8.3 %
Economic value added (EVA)- 131.94- 282.68- 156.3234.9914.45
Solvency
Equity ratio70.1 %98.6 %98.9 %97.3 %95.9 %
Gearing38.9 %
Relative net indebtedness %-117.5 %-12.7 %
Liquidity
Quick ratio3.72 140.36 437.07 600.0
Current ratio3.72 140.387.050.823.0
Cash and cash equivalents8 479.00494.002 496.001 734.00
Capital use efficiency
Trade debtors turnover (days)32.241.1
Net working capital %137.8 %165.5 %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:8.08%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.9%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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