DEN SELVEJENDE INSTITUTION KATUAQ — Credit Rating and Financial Key Figures

CVR number: 12208227
Imaneq 21, 3900 Nuuk

Credit rating

Company information

Official name
DEN SELVEJENDE INSTITUTION KATUAQ
Established
2002
Industry
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About DEN SELVEJENDE INSTITUTION KATUAQ

DEN SELVEJENDE INSTITUTION KATUAQ (CVR number: 12208227) is a company from SERMERSOOQ. The company reported a net sales of 23.9 mDKK in 2023, demonstrating a growth of 1.6 % compared to the previous year. The operating profit percentage was poor at -4.9 % (EBIT: -1.2 mDKK), while net earnings were -1116 kDKK. The profitability of the company measured by Return on Assets (ROA) was -20 %, which can be considered poor and Return on Equity (ROE) was -36.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -2.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. DEN SELVEJENDE INSTITUTION KATUAQ's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales25 599.4415 495.4717 372.3023 562.5723 940.63
Gross profit17 901.0914 126.4115 147.6116 577.5415 770.58
EBIT-55.46-2 310.81-30.2024.46-1 170.04
Net earnings-58.09-2 335.32-54.233.65-1 115.95
Shareholders equity total3 384.231 048.91994.68998.39- 117.56
Balance sheet total (assets)8 576.565 936.425 711.785 885.685 108.41
Net debt-3 173.09-1 832.87-1 845.29-1 826.60-1 594.73
Profitability
EBIT-%-0.2 %-14.9 %-0.2 %0.1 %-4.9 %
ROA-0.6 %-31.8 %-0.5 %0.4 %-20.0 %
ROE-1.7 %-105.4 %-5.3 %0.4 %-36.5 %
ROI-1.3 %-97.2 %-2.4 %1.4 %-85.7 %
Economic value added (EVA)-11.44-2 295.3439.5999.85-1 096.26
Solvency
Equity ratio39.5 %17.7 %17.4 %17.0 %-2.2 %
Gearing3.5 %19.5 %25.1 %64.1 %-813.8 %
Relative net indebtedness %7.4 %18.4 %15.1 %10.3 %11.2 %
Liquidity
Quick ratio1.00.70.91.00.8
Current ratio1.10.81.01.10.9
Cash and cash equivalents3 291.932 037.762 094.922 466.712 551.41
Capital use efficiency
Trade debtors turnover (days)15.215.820.625.212.8
Net working capital %2.1 %-5.7 %-0.6 %2.2 %-2.3 %
Credit risk
Credit ratingABBBBBBBBBBB

Variable visualization

ROA:-20.0%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-2.25%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

Companies in the same industry

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