INEOS E&P GRØNLAND A/S

CVR number: 20066393
Hans Egedesvej 3, 3900 Nuuk

Credit rating

Company information

Official name
INEOS E&P GRØNLAND A/S
Established
1997
Company form
Limited company
Industry
  • Expand more icon06Extraction of crude petroleum and natural gas

About the company

INEOS E&P GRØNLAND A/S (CVR number: 20066393) is a company from SERMERSOOQ. The company recorded a gross profit of -410 kDKK in 2021. The operating profit was -410 kDKK, while net earnings were -403 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.3 %, which can be considered poor and Return on Equity (ROE) was -1.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. INEOS E&P GRØNLAND A/S's liquidity measured by quick ratio was 40.4 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018201920202021
Volume
Net sales
Gross profit-8 831.00- 284.00-45.00- 410.00
EBIT-8 831.00- 284.00-45.00- 410.00
Net earnings-9 206.00- 262.00-58.00- 403.00
Shareholders equity total30 503.0030 241.0030 183.0029 780.00
Balance sheet total (assets)34 872.0030 717.0030 539.0030 535.00
Net debt-30 311.00
Profitability
EBIT-%
ROA-25.0 %-0.4 %0.0 %-1.3 %
ROE-30.2 %-0.9 %-0.2 %-1.3 %
ROI-28.5 %-0.5 %0.0 %-1.3 %
Economic value added (EVA)-8 831.00- 293.55-1 564.61-1 926.70
Solvency
Equity ratio87.5 %98.5 %98.8 %97.5 %
Gearing0.0 %
Relative net indebtedness %
Liquidity
Quick ratio8.064.585.840.4
Current ratio8.064.585.840.4
Cash and cash equivalents30 313.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBCCC

Variable visualization

ROA:-1.31%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.5%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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