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: 13645183) is a company from SERMERSOOQ. The company reported a net sales of 3220.2 mDKK in 2024, demonstrating a decline of -1.2 % compared to the previous year. The operating profit percentage was poor at -4.7 % (EBIT: -152.6 mDKK), while net earnings were -282.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was -2.4 %, which can be considered poor and Return on Equity (ROE) was -21.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 22.3 %, 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 0.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2023 | 2024 | |
---|---|---|
Volume | ||
Net sales | 3 260 841.00 | 3 220 162.00 |
Gross profit | 540 593.00 | 983 169.00 |
EBIT | - 209 280.00 | - 152 645.00 |
Net earnings | - 258 713.00 | - 282 620.00 |
Shareholders equity total | 1 481 466.00 | 1 178 082.00 |
Balance sheet total (assets) | 5 616 839.00 | 5 290 910.00 |
Net debt | 3 682 344.00 | 3 657 878.00 |
Profitability | ||
EBIT-% | -6.4 % | -4.7 % |
ROA | -2.8 % | -2.4 % |
ROE | -17.5 % | -21.3 % |
ROI | -3.0 % | -2.6 % |
Economic value added (EVA) | - 153 674.62 | - 410 433.25 |
Solvency | ||
Equity ratio | 26.4 % | 22.3 % |
Gearing | 248.6 % | 310.5 % |
Relative net indebtedness % | 126.8 % | 127.7 % |
Liquidity | ||
Quick ratio | 0.5 | 0.4 |
Current ratio | 1.0 | 0.8 |
Cash and cash equivalents | 145.00 | 424.00 |
Capital use efficiency | ||
Trade debtors turnover (days) | 1.3 | 1.6 |
Net working capital % | 0.1 % | -11.1 % |
Credit risk | ||
Credit rating | A | A |
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