FONDEN SERMERSOOQ ERHVERVSRÅD — Credit Rating and Financial Key Figures

CVR number: 12738315
Kuussuaq 2, 3900 Nuuk
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Company information

Official name
FONDEN SERMERSOOQ ERHVERVSRÅD
Established
2014
Industry

About FONDEN SERMERSOOQ ERHVERVSRÅD

FONDEN SERMERSOOQ ERHVERVSRÅD (CVR number: 12738315) is a company from SERMERSOOQ. The company reported a net sales of 0.1 mDKK in 2020, demonstrating a decline of -99.3 % compared to the previous year. The operating profit percentage was poor at -308.9 % (EBIT: -0.2 mDKK), while net earnings were -246.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -27.6 %, which can be considered poor and Return on Equity (ROE) was -125.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 47.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. FONDEN SERMERSOOQ ERHVERVSRÅD's liquidity measured by quick ratio was 1.9 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
Volume
Net sales13 394.4710 763.0279.44
Gross profit4 749.553 985.30- 202.05
EBIT355.82- 369.93- 245.36
Net earnings240.44- 385.00- 246.52
Shareholders equity total704.24319.2472.72
Balance sheet total (assets)1 795.231 622.48153.99
Net debt-1 076.72-1 167.20- 153.99
Profitability
EBIT-%2.7 %-3.4 %-308.9 %
ROA19.8 %-21.6 %-27.6 %
ROE34.1 %-75.2 %-125.8 %
ROI50.5 %-70.8 %-118.6 %
Economic value added (EVA)240.44- 353.60- 201.65
Solvency
Equity ratio39.2 %19.7 %47.2 %
Gearing6.8 %
Relative net indebtedness %0.1 %1.1 %-91.5 %
Liquidity
Quick ratio1.31.01.9
Current ratio1.31.01.9
Cash and cash equivalents1 076.721 189.01153.99
Capital use efficiency
Trade debtors turnover (days)1.35.5
Net working capital %2.8 %0.5 %91.5 %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:-27.6%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.2%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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