Nuuk Est8 ApS — Credit Rating and Financial Key Figures

CVR number: 40721991
Kissarneqqortuunnguaq 10, 3900 Nuuk

Company information

Official name
Nuuk Est8 ApS
Established
2019
Company form
Private limited company
Industry

About Nuuk Est8 ApS

Nuuk Est8 ApS (CVR number: 40721991) is a company from SERMERSOOQ. The company reported a net sales of 1.6 mDKK in 2024, demonstrating a growth of 33.5 % compared to the previous year. The operating profit percentage was at 86.3 % (EBIT: 1.4 mDKK), while net earnings were 825.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.7 %, which can be considered good but Return on Equity (ROE) was 28.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 15.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Nuuk Est8 ApS's liquidity measured by quick ratio was 0 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 028.091 214.991 621.78
Gross profit768.32761.561 134.521 008.491 424.61
EBIT753.11737.071 108.921 008.491 400.30
Net earnings403.59362.111 101.79557.90825.37
Shareholders equity total453.59815.701 917.492 475.383 300.76
Balance sheet total (assets)15 211.1717 274.9616 110.4616 135.3621 242.32
Net debt14 287.6015 829.6312 624.2212 328.0116 320.74
Profitability
EBIT-%107.9 %83.0 %86.3 %
ROA5.0 %4.5 %10.2 %6.3 %8.7 %
ROE89.0 %57.1 %80.6 %25.4 %28.6 %
ROI5.1 %4.6 %10.6 %6.5 %8.9 %
Economic value added (EVA)553.53- 138.6561.94182.31568.13
Solvency
Equity ratio3.0 %4.7 %11.9 %15.4 %15.6 %
Gearing3151.7 %1949.9 %662.4 %503.5 %495.2 %
Relative net indebtedness %1307.6 %1042.0 %1038.1 %
Liquidity
Quick ratio0.00.00.00.00.0
Current ratio0.00.00.00.00.0
Cash and cash equivalents8.0475.2976.42135.3725.33
Capital use efficiency
Trade debtors turnover (days)38.326.3
Net working capital %-399.5 %-346.1 %-330.7 %
Credit risk
Credit ratingBBBAAAAAA

Variable visualization

ROA:8.66%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:15.6%
Rating: 15/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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