ROYAL GREENLAND A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ROYAL GREENLAND A/S
ROYAL GREENLAND A/S (CVR number: 13645183K) is a company from SERMERSOOQ. The company reported a net sales of 5795.7 mDKK in 2023, demonstrating a growth of 0.7 % compared to the previous year. The operating profit percentage was poor at -1.4 % (EBIT: -80.7 mDKK), while net earnings were -210.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was -0.2 %, which can be considered poor and Return on Equity (ROE) was -12.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27 %, 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. ROYAL GREENLAND A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 5 327.00 | 4 849.00 | 5 638.00 | 5 756.59 | 5 795.66 |
Gross profit | 5 327.00 | 4 849.00 | 5 638.00 | 462.66 | 1 739.76 |
EBIT | 5 327.00 | 4 849.00 | 5 638.00 | 273.67 | -80.71 |
Net earnings | 311.00 | -57.00 | 257.00 | 186.47 | - 210.80 |
Shareholders equity total | 2 062.11 | 1 750.76 | |||
Balance sheet total (assets) | 6 721.94 | 6 482.64 | |||
Net debt | 3 678.85 | 3 793.98 | |||
Profitability | |||||
EBIT-% | 100.0 % | 100.0 % | 100.0 % | 4.8 % | -1.4 % |
ROA | 230.9 % | 5.9 % | -0.2 % | ||
ROE | 42.4 % | 10.2 % | -12.7 % | ||
ROI | 275.6 % | 6.7 % | -0.2 % | ||
Economic value added (EVA) | 5 187.89 | 4 849.00 | 5 638.00 | 206.40 | - 282.35 |
Solvency | |||||
Equity ratio | 30.7 % | 27.0 % | |||
Gearing | 180.5 % | 218.9 % | |||
Relative net indebtedness % | 78.3 % | 79.6 % | |||
Liquidity | |||||
Quick ratio | 0.7 | 0.5 | |||
Current ratio | 1.7 | 1.3 | |||
Cash and cash equivalents | 43.94 | 38.35 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 59.1 | 50.5 | |||
Net working capital % | 25.2 % | 12.2 % | |||
Credit risk | |||||
Credit rating | B | C | C | A | A |
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