Greenland Ruby DK ApS — Credit Rating and Financial Key Figures

CVR number: 36412461
Niels Juels Gade 5, 1059 København K
www.greenlandruby.gl

Company information

Official name
Greenland Ruby DK ApS
Personnel
2 persons
Established
2014
Company form
Private limited company
Industry

About Greenland Ruby DK ApS

Greenland Ruby DK ApS (CVR number: 36412461) is a company from KØBENHAVN. The company recorded a gross profit of -341701.4 kDKK in 2022. The operating profit was -345.3 mDKK, while net earnings were -355.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was -76.7 %, which can be considered poor and Return on Equity (ROE) was -304.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -99.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Greenland Ruby DK ApS's liquidity measured by quick ratio was 0 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
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit- 682.08- 682.28- 481.82- 572 764.86- 341 701.36
EBIT-1 054.23-1 233.52- 640.61- 572 897.26- 345 253.44
Net earnings12 492.1316 404.1118 441.46- 598 421.76- 355 484.50
Shareholders equity total206 114.45412 892.89444 334.36- 154 087.40- 509 571.91
Balance sheet total (assets)389 670.54520 306.41628 016.51229 443.013 998.55
Net debt183 283.1490 961.13162 506.83326 829.72450 864.08
Profitability
EBIT-%
ROA6.2 %5.1 %5.6 %-99.0 %-76.7 %
ROE6.3 %5.3 %4.3 %-177.6 %-304.6 %
ROI6.4 %5.1 %5.7 %-113.9 %-79.0 %
Economic value added (EVA)-9 225.14-9 838.391 631.93- 594 419.93- 338 411.36
Solvency
Equity ratio52.9 %79.4 %70.8 %-40.2 %-99.2 %
Gearing89.0 %25.3 %36.7 %-212.3 %-88.8 %
Relative net indebtedness %
Liquidity
Quick ratio13.111.23.60.70.0
Current ratio13.111.23.60.70.0
Cash and cash equivalents111.0113 380.01367.94243.331 690.11
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBC

Variable visualization

ROA:-76.7%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-99.2%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member

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