FONDEN DESTINATION EAST GREENLAND — Credit Rating and Financial Key Figures

FONDEN DESTINATION EAST GREENLAND (CVR number: 12579829) is a company from SERMERSOOQ. The company reported a net sales of 0.4 mDKK in 2022, demonstrating a decline of -72.7 % compared to the previous year. The operating profit percentage was poor at -82.7 % (EBIT: -0.3 mDKK), while net earnings were -349.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -66.6 %, which can be considered poor and Return on Equity (ROE) was -150.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27.5 %, 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. FONDEN DESTINATION EAST GREENLAND'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.