Groenlandsbanken AS
GrønlandsBANKEN A/S provides various financial services to private and business customers, and public institutions in Greenland. It offers housing services, including buying a home, loan restructuring, purchase of cooperative apartment, renovation, property sale, construction or renovation, and equity services; car, snowmobile, Minguik environmental, personal, boat, and quick loans; Qimatut and l… Read more
Groenlandsbanken AS (GRLA) - Total Assets
Latest total assets as of June 2025: Dkr10.04 Billion DKK
Based on the latest financial reports, Groenlandsbanken AS (GRLA) holds total assets worth Dkr10.04 Billion DKK as of June 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Groenlandsbanken AS - Total Assets Trend (2000–2024)
This chart illustrates how Groenlandsbanken AS’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Groenlandsbanken AS - Asset Composition Analysis
Current Asset Composition (December 2024)
Groenlandsbanken AS's total assets of Dkr10.04 Billion consist of 22.4% current assets and 77.6% non-current assets.
| Asset Category | Amount (DKK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Dkr0.00 | 22.3% |
| Accounts Receivable | Dkr4.82 Million | 0.1% |
| Inventory | Dkr0.00 | 0.0% |
| Property, Plant & Equipment | Dkr0.00 | 0.0% |
| Intangible Assets | Dkr0.00 | 0.0% |
| Goodwill | Dkr0.00 | 0.0% |
Asset Composition Trend (2000–2024)
This chart illustrates how Groenlandsbanken AS's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Groenlandsbanken AS's current assets represent 22.4% of total assets in 2024, an increase from 0.0% in 2000.
- Cash Position: Cash and equivalents constituted 22.3% of total assets in 2024, up from 2.4% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2000.
- Asset Diversification: The largest asset category is accounts receivable at 0.1% of total assets.
Groenlandsbanken AS Competitors by Total Assets
Key competitors of Groenlandsbanken AS based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Ping An Bank Co Ltd
SHE:000001
|
China | CN¥5.77 Trillion |
|
Bank of Ningbo Co Ltd
SHE:002142
|
China | CN¥3.58 Trillion |
|
Bank of Zhengzhou Co Ltd Class A
SHE:002936
|
China | CN¥743.55 Billion |
|
Qingdao Rural Commercial Bank Corp Class A
SHE:002958
|
China | CN¥509.92 Billion |
|
Bank of Suzhou
SHE:002966
|
China | CN¥776.04 Billion |
|
Jeju Bank
KO:006220
|
Korea | ₩7.72 Trillion |
|
Industrial Bank Of Korea
KO:024110
|
Korea | ₩490.11 Trillion |
|
Hana Financial
KO:086790
|
Korea | ₩659.08 Trillion |
Groenlandsbanken AS - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Groenlandsbanken AS generates 0.06x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Groenlandsbanken AS generates $ 2.09 in net profit.
Groenlandsbanken AS - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.26 | 0.22 | 981.12 |
| Quick Ratio | 0.26 | 0.22 | 981.12 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Dkr-5.86 Billion | Dkr -5.58 Billion | Dkr 2.19 Billion |
Groenlandsbanken AS - Advanced Valuation Insights
This section examines the relationship between Groenlandsbanken AS's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.35 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | 13.4% |
| Total Assets | Dkr10.02 Billion |
| Market Capitalization | $191.62 Million USD |
Valuation Analysis
Below Book Valuation: The market values Groenlandsbanken AS's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Groenlandsbanken AS's assets grew by 13.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Groenlandsbanken AS (2000–2024)
The table below shows the annual total assets of Groenlandsbanken AS from 2000 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Dkr10.02 Billion | +13.35% |
| 2023-12-31 | Dkr8.84 Billion | +11.21% |
| 2022-12-31 | Dkr7.95 Billion | +10.00% |
| 2021-12-31 | Dkr7.23 Billion | -2.84% |
| 2020-12-31 | Dkr7.44 Billion | +4.91% |
| 2019-12-31 | Dkr7.09 Billion | +15.01% |
| 2018-12-31 | Dkr6.16 Billion | +15.12% |
| 2017-12-31 | Dkr5.36 Billion | -9.41% |
| 2016-12-31 | Dkr5.91 Billion | +1.11% |
| 2015-12-31 | Dkr5.85 Billion | +20.55% |
| 2014-12-31 | Dkr4.85 Billion | -4.10% |
| 2013-12-31 | Dkr5.06 Billion | +4.79% |
| 2012-12-31 | Dkr4.83 Billion | +0.27% |
| 2011-12-31 | Dkr4.81 Billion | +6.16% |
| 2010-12-31 | Dkr4.53 Billion | +9.40% |
| 2009-12-31 | Dkr4.14 Billion | +0.83% |
| 2008-12-31 | Dkr4.11 Billion | -2.14% |
| 2007-12-31 | Dkr4.20 Billion | +15.19% |
| 2006-12-31 | Dkr3.65 Billion | +5.40% |
| 2005-12-31 | Dkr3.46 Billion | +11.08% |
| 2004-12-31 | Dkr3.11 Billion | +6.34% |
| 2003-12-31 | Dkr2.93 Billion | -18.34% |
| 2002-12-31 | Dkr3.59 Billion | +6.15% |
| 2001-12-31 | Dkr3.38 Billion | +2.96% |
| 2000-12-31 | Dkr3.28 Billion | -- |