GREENLAND AIRPORTS - MITTARFEQARFIIT A/S — Credit Rating and Financial Key Figures

CVR number: 12859724
Qeqertanut 1, 3905 Nuussuaq
info@airports.gl

Company information

Official name
GREENLAND AIRPORTS - MITTARFEQARFIIT A/S
Established
2016
Company form
Limited company
Industry

About GREENLAND AIRPORTS - MITTARFEQARFIIT A/S

GREENLAND AIRPORTS - MITTARFEQARFIIT A/S (CVR number: 12859724) is a company from SERMERSOOQ. The company reported a net sales of 84.1 mDKK in 2024, demonstrating a growth of 64.1 % compared to the previous year. The operating profit percentage was poor at -0.9 % (EBIT: -0.8 mDKK), while net earnings were -234.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was -12 %, which can be considered poor and Return on Equity (ROE) was -12.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GREENLAND AIRPORTS - MITTARFEQARFIIT A/S's liquidity measured by quick ratio was 8.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales51 249.0084 083.00
Gross profit6 944.0017 465.0023 402.0034 511.0053 237.00
EBIT- 495.00- 315.001 211.002 817.00- 772.00
Net earnings-18 691.00-22 205.00- 148 700.00- 234 872.00- 234 324.00
Shareholders equity total1 263 165.001 532 486.001 679 172.002 010 108.001 875 372.00
Balance sheet total (assets)1 311 171.001 537 728.001 683 693.002 017 554.001 892 624.00
Net debt- 616 081.00- 614 763.00- 474 594.00- 428 954.00- 120 278.00
Profitability
EBIT-%5.5 %-0.9 %
ROA-0.5 %-0.5 %-9.0 %-12.7 %-12.0 %
ROE-1.5 %-1.6 %-9.3 %-12.7 %-12.1 %
ROI-0.5 %-0.5 %-9.0 %-12.7 %-12.1 %
Economic value added (EVA)-64 846.83-63 789.04-75 878.13-81 565.71- 101 787.57
Solvency
Equity ratio96.3 %99.7 %99.7 %99.6 %99.1 %
Gearing0.1 %0.0 %0.0 %0.0 %
Relative net indebtedness %-822.8 %-122.6 %
Liquidity
Quick ratio13.1119.9111.160.28.6
Current ratio13.1119.9111.160.28.6
Cash and cash equivalents616 081.00616 389.00474 680.00429 106.00120 355.00
Capital use efficiency
Trade debtors turnover (days)3.00.4
Net working capital %793.4 %145.1 %
Credit risk
Credit ratingBBBABBBAA

Variable visualization

ROA:-12.0%
Rating: 8/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.1%
Rating: 86/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board
Chief executive officer

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.