World Explorer Greenland ApS

World Explorer Greenland ApS (CVR number: 43706101) is a company from SERMERSOOQ. The company recorded a gross profit of -7 kDKK in 2023. The operating profit was -7 kDKK, while net earnings were -5.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.3 %, which can be considered poor and Return on Equity (ROE) was -11.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 60.4 %, 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. World Explorer Greenland ApS's liquidity measured by quick ratio was 2.5 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.