FONDEN NUUMMI ILLORSUIT TIMERSORTARFIIT - GODTHÅB-HALLERNE — Credit Rating and Financial Key Figures

CVR number: 12609167
Kissarneqqortuunnguaq 2, 3900 Nuuk

Company information

Official name
FONDEN NUUMMI ILLORSUIT TIMERSORTARFIIT - GODTHÅB-HALLERNE
Established
1969
Industry

About FONDEN NUUMMI ILLORSUIT TIMERSORTARFIIT - GODTHÅB-HALLERNE

FONDEN NUUMMI ILLORSUIT TIMERSORTARFIIT - GODTHÅB-HALLERNE (CVR number: 12609167) is a company from SERMERSOOQ. The company reported a net sales of 7.7 mDKK in 2023, demonstrating a decline of -29.5 % compared to the previous year. The operating profit percentage was at 1.3 % (EBIT: 0.1 mDKK), while net earnings were 104.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.3 %, which can be considered weak and Return on Equity (ROE) was 1.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 85.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FONDEN NUUMMI ILLORSUIT TIMERSORTARFIIT - GODTHÅB-HALLERNE's liquidity measured by quick ratio was 1.1 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.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales9 704.149 538.9311 818.4010 949.067 713.63
Gross profit4 916.564 640.127 260.164 722.113 243.52
EBIT909.72740.812 583.47472.08102.13
Net earnings703.40582.672 454.81405.15104.16
Shareholders equity total3 932.664 515.336 970.147 375.297 479.45
Balance sheet total (assets)8 251.207 806.0110 111.018 687.818 747.41
Net debt2 471.621 855.72984.13-74.53- 654.66
Profitability
EBIT-%9.4 %7.8 %21.9 %4.3 %1.3 %
ROA10.8 %9.2 %28.8 %5.0 %1.3 %
ROE19.6 %13.8 %42.7 %5.6 %1.4 %
ROI14.1 %11.5 %35.4 %5.9 %1.5 %
Economic value added (EVA)637.12470.022 299.23162.08- 194.80
Solvency
Equity ratio47.7 %57.8 %68.9 %84.9 %85.5 %
Gearing63.2 %42.5 %16.9 %5.3 %0.4 %
Relative net indebtedness %44.4 %33.9 %25.0 %7.7 %7.6 %
Liquidity
Quick ratio0.20.10.70.81.1
Current ratio0.20.10.70.81.1
Cash and cash equivalents13.9061.61190.74466.39680.98
Capital use efficiency
Trade debtors turnover (days)20.48.153.912.116.4
Net working capital %-23.6 %-19.0 %-6.9 %-3.0 %1.7 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:1.28%
Rating: 26/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:85.5%
Rating: 65/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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