LONDON MINING GREENLAND A/S — Credit Rating and Financial Key Figures

LONDON MINING GREENLAND A/S (CVR number: 12523122) is a company from SERMERSOOQ. The company recorded a gross profit of -287.2 kDKK in 2023. The operating profit was -960.7 kDKK, while net earnings were -917.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.8 %, which can be considered poor and Return on Equity (ROE) was -25.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -77.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. LONDON MINING GREENLAND A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.