WORLD OF GREENLAND A/S — Credit Rating and Financial Key Figures

WORLD OF GREENLAND A/S (CVR number: 12346611) is a company from AVANNAATA. The company recorded a gross profit of 10.5 mDKK in 2023. The operating profit was 829 kDKK, while net earnings were 185 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.7 %, which can be considered weak and Return on Equity (ROE) was 1.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 18.9 %, 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. WORLD OF GREENLAND A/S's liquidity measured by quick ratio was 1.3 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.