NUUK CITY INVEST ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About NUUK CITY INVEST ApS
NUUK CITY INVEST ApS (CVR number: 21717436) is a company from SERMERSOOQ. The company recorded a gross profit of 11.4 mDKK in 2023. The operating profit was 9844.1 kDKK, while net earnings were 11.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9.4 %, which can be considered good but Return on Equity (ROE) was 41.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. NUUK CITY INVEST ApS's liquidity measured by quick ratio was 1.7 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 471.92 | 6 015.67 | 12 130.45 | 10 415.81 | 11 362.55 |
EBIT | 1 321.31 | 5 260.35 | 9 692.92 | 6 869.02 | 9 844.12 |
Net earnings | 110.74 | 1 197.27 | 3 997.41 | 8 900.89 | 11 093.60 |
Shareholders equity total | 7 639.20 | 8 836.48 | 12 833.78 | 21 384.00 | 32 477.62 |
Balance sheet total (assets) | 81 610.41 | 161 122.66 | 149 090.02 | 155 438.00 | 162 100.56 |
Net debt | 62 817.03 | 127 660.57 | 130 537.50 | 123 798.00 | 114 761.29 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.3 % | 4.4 % | 6.3 % | 9.9 % | 9.4 % |
ROE | 1.5 % | 14.5 % | 36.9 % | 52.0 % | 41.2 % |
ROI | 2.5 % | 4.7 % | 6.6 % | 10.0 % | 9.6 % |
Economic value added (EVA) | - 414.67 | 367.10 | 1 662.38 | -1 788.48 | 3 521.24 |
Solvency | |||||
Equity ratio | 9.4 % | 5.5 % | 8.7 % | 13.8 % | 20.0 % |
Gearing | 822.3 % | 1589.4 % | 1022.2 % | 589.1 % | 379.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.0 | 0.9 | 1.4 | 0.6 | 1.7 |
Current ratio | 3.0 | 7.4 | 1.3 | 0.5 | 1.8 |
Cash and cash equivalents | 12 786.00 | 643.29 | 2 182.00 | 8 345.42 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | A | A |
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