GREENLAND TELEVISION ApS

CVR number: 12646356
Kuanneq 5 A, 3905 Nuussuaq
gtv@gtv.gl

Credit rating

Company information

Official name
GREENLAND TELEVISION ApS
Established
2012
Company form
Private limited company
Industry
  • Expand more icon61Telecommunications

About the company

GREENLAND TELEVISION ApS (CVR number: 12646356) is a company from SERMERSOOQ. The company recorded a gross profit of 1939.2 kDKK in 2023. The operating profit was 397.9 kDKK, while net earnings were 241.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.7 %, which can be considered good but Return on Equity (ROE) was 23.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. GREENLAND TELEVISION ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit2 248.881 449.481 857.091 763.311 939.23
EBIT163.31- 764.50-65.35- 194.44397.86
Net earnings72.17- 515.35-85.38- 173.05241.83
Shareholders equity total1 699.701 184.351 098.97925.921 167.75
Balance sheet total (assets)4 545.283 763.543 283.952 940.163 350.81
Net debt157.821 031.371 313.611 131.411 095.33
Profitability
EBIT-%
ROA3.5 %-18.4 %-1.9 %-6.2 %12.7 %
ROE4.3 %-35.7 %-7.5 %-17.1 %23.1 %
ROI6.3 %-30.0 %-2.6 %-8.0 %16.0 %
Economic value added (EVA)5.47- 580.30- 121.64- 215.46242.23
Solvency
Equity ratio42.6 %35.4 %33.5 %31.5 %36.4 %
Gearing27.0 %92.7 %121.2 %136.4 %118.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.30.10.20.2
Current ratio0.50.30.10.20.2
Cash and cash equivalents301.8566.3618.74131.91287.59
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:12.7%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.4%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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