ROYAL GREENLAND A/S — Credit Rating and Financial Key Figures

CVR number: 13645183
Qasapi 4, 3900 Nuuk

Company information

Official name
ROYAL GREENLAND A/S
Established
1989
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2023
2024
Volume
Net sales3 260 841.003 220 162.00
Gross profit540 593.00983 169.00
EBIT- 209 280.00- 152 645.00
Net earnings- 258 713.00- 282 620.00
Shareholders equity total1 481 466.001 178 082.00
Balance sheet total (assets)5 616 839.005 290 910.00
Net debt3 682 344.003 657 878.00
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 ratio26.4 %22.3 %
Gearing248.6 %310.5 %
Relative net indebtedness %126.8 %127.7 %
Liquidity
Quick ratio0.50.4
Current ratio1.00.8
Cash and cash equivalents145.00424.00
Capital use efficiency
Trade debtors turnover (days)1.31.6
Net working capital %0.1 %-11.1 %
Credit risk
Credit ratingAA

Variable visualization

ROA:-2.42%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.3%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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