Kommune Qeqertalik Ejendomsselskab A/S — Credit Rating and Financial Key Figures

CVR number: 41079363
Niels Egedesvej 1, 3950 Aasiaat

Company information

Official name
Kommune Qeqertalik Ejendomsselskab A/S
Established
2019
Company form
Limited company
Industry

About Kommune Qeqertalik Ejendomsselskab A/S

Kommune Qeqertalik Ejendomsselskab A/S (CVR number: 41079363) is a company from QEQERTALIK. The company recorded a gross profit of 7085.7 kDKK in 2024. The operating profit was 6331.2 kDKK, while net earnings were 4562.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.2 %, which can be considered weak but Return on Equity (ROE) was 6.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 31.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Kommune Qeqertalik Ejendomsselskab A/S'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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-57.02- 166.162 702.835 868.717 085.65
EBIT-57.02- 166.16-23 386.705 114.256 331.19
Net earnings- 149.72- 210.49-24 367.342 727.994 562.74
Shareholders equity total14 786.1814 575.6961 044.2863 446.6769 263.90
Balance sheet total (assets)18 917.4645 222.68159 698.45194 910.14219 948.63
Net debt-10 766.949 420.9579 602.7198 609.30123 707.21
Profitability
EBIT-%
ROA-0.3 %-0.5 %-22.8 %3.0 %3.2 %
ROE-1.0 %-1.4 %-64.4 %4.4 %6.9 %
ROI-0.3 %-0.8 %-26.3 %3.1 %3.3 %
Economic value added (EVA)- 807.55-1 118.24-24 645.16-2 455.08-2 567.20
Solvency
Equity ratio78.2 %32.2 %38.2 %32.6 %31.5 %
Gearing27.6 %71.8 %146.8 %179.1 %196.2 %
Relative net indebtedness %
Liquidity
Quick ratio3.60.00.20.20.2
Current ratio3.60.00.20.20.2
Cash and cash equivalents14 842.201 047.209 986.3315 026.4212 158.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:3.17%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.5%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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