GREENLANDCOPTER A/S — Credit Rating and Financial Key Figures

CVR number: 12681453
Ittimiini 1, 3913 Tasiilaq

Credit rating

Company information

Official name
GREENLANDCOPTER A/S
Established
2013
Company form
Limited company
Industry

About GREENLANDCOPTER A/S

GREENLANDCOPTER A/S (CVR number: 12681453) is a company from SERMERSOOQ. The company recorded a gross profit of 213.3 kDKK in 2023. The operating profit was -568 kDKK, while net earnings were -533.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.3 %, which can be considered poor and Return on Equity (ROE) was -8.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 70.5 %, 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. GREENLANDCOPTER A/S's liquidity measured by quick ratio was 2.7 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 574.45718.46632.61-3 966.98213.30
EBIT129.46- 595.03- 707.25-5 718.48- 568.01
Net earnings- 258.53- 596.81- 707.67-5 718.72- 533.78
Shareholders equity total-2 193.40-2 790.20-3 497.88-9 216.60-9 750.37
Balance sheet total (assets)17 598.6116 743.7816 848.887 436.095 321.72
Net debt19 212.7518 608.4019 665.859 751.2312 070.31
Profitability
EBIT-%
ROA0.7 %-3.0 %-3.5 %-30.9 %-3.3 %
ROE-1.5 %-3.5 %-4.2 %-47.1 %-8.4 %
ROI0.7 %-3.0 %-3.6 %-31.9 %-3.5 %
Economic value added (EVA)265.82- 456.41- 522.84-5 514.34188.13
Solvency
Equity ratio81.3 %81.9 %77.2 %57.6 %70.5 %
Gearing-901.7 %-698.4 %-578.4 %-169.1 %-151.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.90.42.02.7
Current ratio0.90.90.42.02.7
Cash and cash equivalents565.26879.64564.655 830.952 657.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBBB

Variable visualization

ROA:-3.35%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.5%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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