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Qullukkat ApS — Credit Rating and Financial Key Figures

CVR number: 40119396
Nuussuattaap Aqqutaa 27, 3952 Ilulissat
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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 recorded a gross profit of 22 kDKK in 2025, demonstrating a decline of -90.3 % compared to the previous year. The operating profit was 22 kDKK, while net earnings were 16.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak and Return on Equity (ROE) was 3.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 94.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Qullukkat ApS's liquidity measured by quick ratio was 17.4 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
2021
2022
2023
2024
2025
Volume
Net sales127.83262.80299.22379.92
Gross profit49.37147.56156.63227.2921.97
EBIT49.37147.56156.63227.2921.97
Net earnings36.28108.49116.52169.0316.18
Shareholders equity total116.69225.18341.70510.73526.91
Balance sheet total (assets)165.89295.22456.85602.68558.97
Net debt-34.63-32.42- 157.63-61.57-97.79
Profitability
EBIT-%38.6 %56.1 %52.3 %59.8 %
ROA33.8 %64.0 %42.1 %43.4 %3.8 %
ROE36.8 %63.5 %41.1 %39.7 %3.1 %
ROI50.1 %86.3 %55.9 %54.0 %4.2 %
Economic value added (EVA)32.24102.62103.83149.90-9.49
Solvency
Equity ratio70.3 %76.3 %74.8 %84.7 %94.3 %
Gearing
Relative net indebtedness %11.4 %14.3 %-14.2 %8.0 %
Liquidity
Quick ratio3.44.24.06.617.4
Current ratio3.44.24.06.617.4
Cash and cash equivalents34.6332.42157.6361.5797.79
Capital use efficiency
Trade debtors turnover (days)374.8365.0365.0365.0
Net working capital %91.3 %85.7 %114.2 %134.4 %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:3.79%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:94.3%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
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