Qullukkat ApS — Credit Rating and Financial Key Figures

CVR number: 40119396
Nuussuattaap Aqqutaa 27, 3952 Ilulissat

Credit rating

Company information

Official name
Qullukkat ApS
Established
2018
Company form
Private limited company
Industry

About Qullukkat ApS

Qullukkat ApS (CVR number: 40119396) is a company from AVANNAATA. The company reported a net sales of 0.3 mDKK in 2023, demonstrating a growth of 13.9 % compared to the previous year. The operating profit percentage was at 52.3 % (EBIT: 0.2 mDKK), while net earnings were 116.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 42.1 %, which can be considered excellent and Return on Equity (ROE) was 41.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Qullukkat ApS's liquidity measured by quick ratio was 4 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales127.83262.80299.22
Gross profit49.37147.56156.63
EBIT-20.0549.37147.56156.63
Net earnings-0.0370.4336.28108.49116.52
Shareholders equity total9.9780.41116.69225.18341.70
Balance sheet total (assets)9.97125.85165.89295.22456.85
Net debt-9.97-9.97-34.63-32.42- 157.63
Profitability
EBIT-%38.6 %56.1 %52.3 %
ROA141.1 %33.8 %64.0 %42.1 %
ROE-0.3 %155.9 %36.8 %63.5 %41.1 %
ROI212.0 %50.1 %86.3 %55.9 %
Economic value added (EVA)-14.7432.75104.36105.46
Solvency
Equity ratio100.0 %63.9 %70.3 %76.3 %74.8 %
Gearing
Relative net indebtedness %11.4 %14.3 %-14.2 %
Liquidity
Quick ratio2.83.44.24.0
Current ratio2.83.44.24.0
Cash and cash equivalents9.979.9734.6332.42157.63
Capital use efficiency
Trade debtors turnover (days)374.8365.0365.0
Net working capital %91.3 %85.7 %114.2 %
Credit risk
Credit ratingCBBBBBBBBBB

Variable visualization

ROA:42.1%
Rating: 90/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.8%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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