STG Nuuk ApS — Credit Rating and Financial Key Figures

STG Nuuk ApS (CVR number: 41923482) is a company from SERMERSOOQ. The company recorded a gross profit of 292.2 kDKK in 2023. The operating profit was 268.6 kDKK, while net earnings were 105.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent but Return on Equity (ROE) was 12.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 12.4 %, 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. STG Nuuk ApS's liquidity measured by quick ratio was 1.4 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.