Greenland Pilot Service ApS — Credit Rating and Financial Key Figures

Greenland Pilot Service ApS (CVR number: 12851952) is a company from SERMERSOOQ. The company recorded a gross profit of 704.9 kDKK in 2020. The operating profit was -2260 kDKK, while net earnings were -1783.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -74.7 %, which can be considered poor and Return on Equity (ROE) was -80.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Greenland Pilot Service ApS's liquidity measured by quick ratio was 3.4 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.