Greenland Airports Regional A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Greenland Airports Regional A/S
Greenland Airports Regional A/S (CVR number: 43739972) is a company from SERMERSOOQ. The company reported a net sales of 461.5 mDKK in 2024, demonstrating a decline of -0.6 % compared to the previous year. The operating profit percentage was poor at -63.5 % (EBIT: -292.8 mDKK), while net earnings were -291.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was -78 %, which can be considered poor and Return on Equity (ROE) was -133.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 46.9 %, 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. Greenland Airports Regional A/S's liquidity measured by quick ratio was 1.6 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2023 | 2024 | |
---|---|---|
Volume | ||
Net sales | 464 256.00 | 461 452.00 |
Gross profit | 242 988.00 | 199 184.00 |
EBIT | - 227 290.00 | - 292 796.00 |
Net earnings | - 236 123.00 | - 291 159.00 |
Shareholders equity total | 264 573.00 | 172 362.00 |
Balance sheet total (assets) | 370 449.00 | 367 782.00 |
Net debt | - 178 464.00 | - 121 362.00 |
Profitability | ||
EBIT-% | -49.0 % | -63.5 % |
ROA | -60.4 % | -78.0 % |
ROE | -89.2 % | -133.3 % |
ROI | -81.9 % | -113.2 % |
Economic value added (EVA) | - 238 145.18 | - 306 902.26 |
Solvency | ||
Equity ratio | 71.6 % | 46.9 % |
Gearing | 2.1 % | 34.2 % |
Relative net indebtedness % | -17.5 % | 2.5 % |
Liquidity | ||
Quick ratio | 2.5 | 1.6 |
Current ratio | 3.2 | 2.2 |
Cash and cash equivalents | 184 038.00 | 180 356.00 |
Capital use efficiency | ||
Trade debtors turnover (days) | 37.2 | 24.3 |
Net working capital % | 42.4 % | 34.8 % |
Credit risk | ||
Credit rating | A | BBB |
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