FONDEN SISORARFIIT — Credit Rating and Financial Key Figures

CVR number: 12424310
Nuuk 3900 Nuuk
Free credit report Annual report

Company information

Official name
FONDEN SISORARFIIT
Established
1993
Domicile
Nuuk
Industry

About FONDEN SISORARFIIT

FONDEN SISORARFIIT (CVR number: 12424310) is a company from SERMERSOOQ. The company reported a net sales of 6.4 mDKK in 2024, demonstrating a decline of -6.1 % compared to the previous year. The operating profit percentage was at 7.2 % (EBIT: 0.5 mDKK), while net earnings were 449.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.3 %, which can be considered good and Return on Equity (ROE) was 10.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 80.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FONDEN SISORARFIIT's liquidity measured by quick ratio was 0.7 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
2020
2021
2022
2023
2024
Volume
Net sales5 807.606 191.156 286.746 809.996 396.05
Gross profit3 694.113 687.403 813.604 367.043 999.27
EBIT1 119.23587.17894.391 071.60459.26
Net earnings1 118.76581.86888.691 050.64449.13
Shareholders equity total1 689.952 271.803 160.494 211.134 660.26
Balance sheet total (assets)3 891.443 238.316 463.235 474.205 812.67
Net debt- 247.46-43.7575.97388.64- 101.47
Profitability
EBIT-%19.3 %9.5 %14.2 %15.7 %7.2 %
ROA42.6 %16.5 %18.4 %18.0 %8.3 %
ROE99.0 %29.4 %32.7 %28.5 %10.1 %
ROI99.0 %29.6 %30.1 %25.6 %9.7 %
Economic value added (EVA)1 090.53502.25780.23887.07221.14
Solvency
Equity ratio43.4 %70.2 %49.0 %76.9 %80.2 %
Gearing16.2 %12.5 %6.3 %
Relative net indebtedness %33.6 %14.9 %45.6 %16.5 %11.9 %
Liquidity
Quick ratio0.20.10.30.30.7
Current ratio0.20.10.30.30.7
Cash and cash equivalents247.4643.75435.96138.86393.20
Capital use efficiency
Trade debtors turnover (days)1.81.40.97.8
Net working capital %-31.3 %-13.4 %-36.5 %-10.9 %-3.9 %
Credit risk
Credit ratingBBBBBBAAAA

Variable visualization

ROA:8.30%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:80.2%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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