ORSIIVIK ApS — Credit Rating and Financial Key Figures

CVR number: 12234716
Qeqertarnut B-2797, 3900 Nuuk

Credit rating

Company information

Official name
ORSIIVIK ApS
Established
2005
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About ORSIIVIK ApS

ORSIIVIK ApS (CVR number: 12234716) is a company from SERMERSOOQ. The company recorded a gross profit of 15.1 mDKK in 2024. The operating profit was 3879.7 kDKK, while net earnings were 1968.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.4 %, which can be considered good and Return on Equity (ROE) was 9.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 50.2 %, 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. ORSIIVIK 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit14 538.9513 849.0514 875.6413 999.5215 059.22
EBIT5 877.054 970.515 986.463 935.873 879.72
Net earnings3 669.953 587.823 977.572 119.771 968.35
Shareholders equity total14 002.3318 782.6418 260.2120 379.9922 598.33
Balance sheet total (assets)37 866.3143 450.1651 762.0748 026.4046 643.61
Net debt15 247.0519 535.8325 917.5822 128.3716 832.69
Profitability
EBIT-%
ROA15.8 %12.3 %12.7 %8.0 %8.4 %
ROE30.2 %21.9 %21.5 %11.0 %9.2 %
ROI20.0 %14.5 %14.5 %9.0 %9.6 %
Economic value added (EVA)3 183.413 096.663 276.201 948.541 830.74
Solvency
Equity ratio39.1 %44.3 %36.0 %43.3 %50.2 %
Gearing110.8 %105.1 %142.8 %110.0 %76.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.10.20.10.2
Current ratio1.51.71.31.41.5
Cash and cash equivalents265.33202.05154.80290.98385.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:8.42%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.2%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer

Companies in the same industry

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