Greenland Airline Catering ApS — Credit Rating and Financial Key Figures

Greenland Airline Catering ApS (CVR number: 45429032) is a company from SERMERSOOQ. The company recorded a gross profit of 466.4 kDKK in 2025. The operating profit was 421.2 kDKK, while net earnings were 315.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.7 %, which can be considered good but Return on Equity (ROE) was 88.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 7.4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Greenland Airline Catering 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.