Sanasoq Ittoqqortoormiit ApS — Credit Rating and Financial Key Figures

Sanasoq Ittoqqortoormiit ApS (CVR number: 43764993) is a company from SERMERSOOQ. The company recorded a gross profit of 4155.6 kDKK in 2023. The operating profit was 1086.5 kDKK, while net earnings were 779.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 44.1 %, which can be considered excellent and Return on Equity (ROE) was 95.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 32.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Sanasoq Ittoqqortoormiit ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.