A.C. Grønland ApS — Credit Rating and Financial Key Figures

CVR number: 40545484
Igimaq 1, 3905 Nuussuaq
ms@arctic-contractors.gl
tel: 283030

Company information

Official name
A.C. Grønland ApS
Established
2019
Company form
Private limited company
Industry

About A.C. Grønland ApS

A.C. Grønland ApS (CVR number: 40545484) is a company from SERMERSOOQ. The company recorded a gross profit of -810 kDKK in 2024. The operating profit was -810 kDKK, while net earnings were -1588.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.3 %, which can be considered poor and Return on Equity (ROE) was -42 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -95.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. A.C. Grønland ApS's liquidity measured by quick ratio was 0.1 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 profit4 448.857 361.261 248.31- 316.74- 810.04
EBIT598.401 987.91-1 414.66- 158.30- 810.04
Net earnings338.031 224.88-1 295.30- 836.23-1 588.83
Shareholders equity total463.031 687.91392.61- 443.62-2 032.45
Balance sheet total (assets)6 235.4819 263.5211 269.557 461.09100.58
Net debt2 532.601 453.543 533.64790.501 419.58
Profitability
EBIT-%
ROA9.6 %15.6 %-9.3 %-1.5 %-13.3 %
ROE73.0 %113.9 %-124.5 %-21.3 %-42.0 %
ROI17.3 %19.8 %-10.6 %-1.6 %-15.5 %
Economic value added (EVA)387.971 465.28- 450.92165.89- 244.80
Solvency
Equity ratio7.4 %8.9 %3.5 %-5.6 %-95.3 %
Gearing647.2 %883.1 %2461.4 %-1560.0 %-70.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.41.00.60.90.1
Current ratio0.41.00.60.90.1
Cash and cash equivalents464.3513 453.146 130.006 130.002.69
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-13.3%
Rating: 7/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-95.3%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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