JEB GREENLAND ApS — Credit Rating and Financial Key Figures

CVR number: 12643012
Konrad Chemnitzip Aqqutaa 24, 3952 Ilulissat

Company information

Official name
JEB GREENLAND ApS
Established
2011
Company form
Private limited company
Industry

About JEB GREENLAND ApS

JEB GREENLAND ApS (CVR number: 12643012) is a company from AVANNAATA. The company recorded a gross profit of 344.1 kDKK in 2023. The operating profit was 210.6 kDKK, while net earnings were -35.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent but Return on Equity (ROE) was -4.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 12.4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. JEB GREENLAND ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit450.69393.60389.15466.65344.05
EBIT368.85311.76307.30375.17210.56
Net earnings299.62163.33158.86201.57-35.47
Shareholders equity total492.86381.19540.05741.63706.16
Balance sheet total (assets)3 098.873 006.722 932.204 011.075 706.50
Net debt2 387.962 035.001 855.142 653.354 566.74
Profitability
EBIT-%
ROA12.3 %10.6 %10.3 %10.8 %4.3 %
ROE87.3 %37.4 %34.5 %31.5 %-4.9 %
ROI12.7 %11.2 %10.9 %11.2 %4.5 %
Economic value added (EVA)281.2683.75104.29172.5831.66
Solvency
Equity ratio15.9 %12.7 %18.4 %18.5 %12.4 %
Gearing498.5 %604.4 %397.0 %398.6 %667.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.20.81.11.50.2
Current ratio1.20.81.11.50.2
Cash and cash equivalents69.17268.83288.80302.43147.14
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:4.33%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:12.4%
Rating: 12/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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