Greenland Electricity ApS — Credit Rating and Financial Key Figures

Greenland Electricity ApS (CVR number: 42007080) is a company from SERMERSOOQ. The company recorded a gross profit of 3818.4 kDKK in 2023. The operating profit was -962.5 kDKK, while net earnings were -679.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.9 %, which can be considered poor and Return on Equity (ROE) was -27.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 42.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Greenland Electricity ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.