Greenland Ruby DK ApS — Credit Rating and Financial Key Figures

Greenland Ruby DK ApS (CVR number: 36412461K) is a company from KØBENHAVN. The company reported a net sales of 10.5 mDKK in 2020, demonstrating a growth of 148.1 % compared to the previous year. The operating profit percentage was poor at -251.7 % (EBIT: -26.4 mDKK), while net earnings were -25.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was -4.9 %, which can be considered poor and Return on Equity (ROE) was -11.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 44.4 %, 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 Ruby DK ApS's liquidity measured by quick ratio was 0.5 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.