Isfjord Greenland ApS — Credit Rating and Financial Key Figures

Isfjord Greenland ApS (CVR number: 43411373) is a company from SERMERSOOQ. The company reported a net sales of 2.4 mDKK in 2023. The operating profit percentage was at 13.6 % (EBIT: 0.3 mDKK), while net earnings were 246.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 86.9 %, which can be considered excellent and Return on Equity (ROE) was 86 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.9 %, 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. Isfjord Greenland ApS's liquidity measured by quick ratio was 1.5 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.