EJENDOMSANPARTSSELSKABET KB NUUK — Credit Rating and Financial Key Figures

EJENDOMSANPARTSSELSKABET KB NUUK (CVR number: 12704917) is a company from SERMERSOOQ. The company recorded a gross profit of 1743.5 kDKK in 2023. The operating profit was 1539.6 kDKK, while net earnings were 599.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.7 %, which can be considered decent but Return on Equity (ROE) was 14 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 17.8 %, 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. EJENDOMSANPARTSSELSKABET KB NUUK's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.