Grønlands Kontorforsyning ApS — Credit Rating and Financial Key Figures

Grønlands Kontorforsyning ApS (CVR number: 41178221) is a company from SERMERSOOQ. The company recorded a gross profit of 2641.4 kDKK in 2023. The operating profit was 682.8 kDKK, while net earnings were 386.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.9 %, which can be considered good but Return on Equity (ROE) was 35.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20.5 %, 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. Grønlands Kontorforsyning ApS's liquidity measured by quick ratio was 0.2 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.