GREENLAND SAGALANDS A/S — Credit Rating and Financial Key Figures

CVR number: 12486162
Vatikanbakken 68 B, 3920 Qaqortoq

Company information

Official name
GREENLAND SAGALANDS A/S
Established
2008
Company form
Limited company
Industry

About GREENLAND SAGALANDS A/S

GREENLAND SAGALANDS A/S (CVR number: 12486162) is a company from KUJALLEQ. The company reported a net sales of 8.3 mDKK in 2023, demonstrating a growth of 91 % compared to the previous year. The operating profit percentage was at 31.6 % (EBIT: 2.6 mDKK), while net earnings were 1834.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 45.2 %, which can be considered excellent and Return on Equity (ROE) was 52.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. GREENLAND SAGALANDS A/S's liquidity measured by quick ratio was 1.2 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.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales4 239.60494.03443.464 323.348 257.25
Gross profit2 353.53-2.48241.812 329.384 361.30
EBIT1 130.85- 499.79134.391 154.162 608.07
Net earnings733.01- 455.520.70756.611 834.94
Shareholders equity total2 262.731 807.211 807.912 564.524 399.46
Balance sheet total (assets)3 933.763 887.393 696.313 875.017 701.45
Net debt926.411 393.771 353.95428.98- 156.04
Profitability
EBIT-%26.7 %-101.2 %30.3 %26.7 %31.6 %
ROA34.4 %-12.8 %3.5 %30.5 %45.2 %
ROE38.7 %-22.4 %0.0 %34.6 %52.7 %
ROI43.6 %-15.4 %4.2 %34.8 %53.1 %
Economic value added (EVA)718.50- 518.145.42701.071 798.20
Solvency
Equity ratio57.5 %48.0 %48.9 %66.2 %57.1 %
Gearing45.1 %77.8 %75.0 %34.4 %43.8 %
Relative net indebtedness %36.9 %418.5 %425.2 %19.4 %14.0 %
Liquidity
Quick ratio1.51.41.33.11.2
Current ratio2.21.71.83.91.4
Cash and cash equivalents93.5012.802.65453.732 081.09
Capital use efficiency
Trade debtors turnover (days)2.658.545.713.713.2
Net working capital %24.7 %195.4 %182.5 %35.7 %12.8 %
Credit risk
Credit ratingABBBBBBAAA

Variable visualization

ROA:45.2%
Rating: 92/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.1%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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