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Nuuk Water Taxi A/S — Credit Rating and Financial Key Figures

CVR number: 40976191
Imaneq 27, 3900 Nuuk
info@nuukwatertaxi.gl
tel: 545690
www.watertaxi.gl
Free credit report Annual report

Credit rating

Company information

Official name
Nuuk Water Taxi A/S
Established
2019
Company form
Limited company
Industry

About Nuuk Water Taxi A/S

Nuuk Water Taxi A/S (CVR number: 40976191) is a company from SERMERSOOQ. The company recorded a gross profit of 18.2 mDKK in 2025. The operating profit was 5479.1 kDKK, while net earnings were 3528.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.4 %, which can be considered excellent and Return on Equity (ROE) was 86.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 18.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Nuuk Water Taxi A/S's liquidity measured by quick ratio was 0.1 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
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit8 186.387 394.4211 365.3410 686.1018 207.52
EBIT2 970.21- 558.233 283.63596.075 479.11
Net earnings1 817.90- 788.901 821.65- 447.613 528.88
Shareholders equity total1 728.37939.472 761.122 313.515 842.38
Balance sheet total (assets)16 685.5821 188.3526 137.5424 536.7431 883.74
Net debt10 440.3412 609.2315 823.2914 714.8916 251.64
Profitability
EBIT-%
ROA22.9 %-2.9 %13.9 %2.4 %19.4 %
ROE33.5 %-59.1 %98.5 %-17.6 %86.5 %
ROI32.3 %-4.2 %19.7 %3.2 %26.4 %
Economic value added (EVA)1 903.33-1 056.581 771.52- 502.563 206.59
Solvency
Equity ratio10.4 %4.4 %10.6 %9.4 %18.3 %
Gearing619.8 %1342.2 %579.1 %636.0 %278.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.10.10.10.1
Current ratio0.20.10.10.10.1
Cash and cash equivalents272.04167.58
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:19.4%
Rating: 73/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:18.3%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
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Roles

Board member
Chairman of the board

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