Greenland Airports Regional A/S — Credit Rating and Financial Key Figures

Greenland Airports Regional A/S (CVR number: 43739972) is a company from SERMERSOOQ. The company reported a net sales of 464.3 mDKK in 2023. The operating profit percentage was at 9.1 % (EBIT: 42.3 mDKK), while net earnings were 31.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 14.6 %, which can be considered good and Return on Equity (ROE) was 14.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 73.5 %, 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 Airports Regional A/S's liquidity measured by quick ratio was 2.6 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.