Groenlandsbanken AS (GRLA) - Total Assets
Based on the latest financial reports, Groenlandsbanken AS (GRLA) holds total assets worth Dkr10.04 Billion DKK (≈ $1.57 Billion USD) 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. See Groenlandsbanken AS net assets for net asset value and shareholders' equity analysis.
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.
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. For live market cap, price, and company overview, see market cap of Groenlandsbanken AS.
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 |
|---|---|---|
|
Banco de Chile
SN:CHILE
|
Chile | CL$55.47 Trillion |
|
Bank of Queensland Ltd
AU:BOQ
|
Australia | AU$100.53 Billion |
|
BKS Bank AG
VI:BKS
|
Austria | €11.06 Billion |
|
Bank Bukopin Tbk
JK:BBKP
|
Indonesia | Rp89.79 Trillion |
|
Laan & Spar Bank AS
CO:LASP
|
Denmark | Dkr40.98 Billion |
|
LINKBANCORP Inc
NASDAQ:LNKB
|
USA | $3.07 Billion |
|
Bank Rakyat Indonesia Agroniaga
JK:AGRO
|
Indonesia | Rp13.34 Trillion |
|
Quirin Privatbank AG
F:QB7
|
Germany | €1.14 Billion |
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 | Dkr2.19 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 | 0.03 |
| Asset Growth Rate (YoY) | 13.4% |
| Total Assets | Dkr10.02 Billion |
| Market Capitalization | $278.81 Million USD |
Valuation Analysis
Below Book Valuation: The market values Groenlandsbanken AS's assets below their book value (0.03x), 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 ≈ $1.57 Billion |
+13.35% |
| 2023-12-31 | Dkr8.84 Billion ≈ $1.38 Billion |
+11.21% |
| 2022-12-31 | Dkr7.95 Billion ≈ $1.24 Billion |
+10.00% |
| 2021-12-31 | Dkr7.23 Billion ≈ $1.13 Billion |
-2.84% |
| 2020-12-31 | Dkr7.44 Billion ≈ $1.16 Billion |
+4.91% |
| 2019-12-31 | Dkr7.09 Billion ≈ $1.11 Billion |
+15.01% |
| 2018-12-31 | Dkr6.16 Billion ≈ $964.49 Million |
+15.12% |
| 2017-12-31 | Dkr5.36 Billion ≈ $837.83 Million |
-9.41% |
| 2016-12-31 | Dkr5.91 Billion ≈ $924.90 Million |
+1.11% |
| 2015-12-31 | Dkr5.85 Billion ≈ $914.72 Million |
+20.55% |
| 2014-12-31 | Dkr4.85 Billion ≈ $758.76 Million |
-4.10% |
| 2013-12-31 | Dkr5.06 Billion ≈ $791.21 Million |
+4.79% |
| 2012-12-31 | Dkr4.83 Billion ≈ $755.08 Million |
+0.27% |
| 2011-12-31 | Dkr4.81 Billion ≈ $753.03 Million |
+6.16% |
| 2010-12-31 | Dkr4.53 Billion ≈ $709.37 Million |
+9.40% |
| 2009-12-31 | Dkr4.14 Billion ≈ $648.43 Million |
+0.83% |
| 2008-12-31 | Dkr4.11 Billion ≈ $643.09 Million |
-2.14% |
| 2007-12-31 | Dkr4.20 Billion ≈ $657.15 Million |
+15.19% |
| 2006-12-31 | Dkr3.65 Billion ≈ $570.48 Million |
+5.40% |
| 2005-12-31 | Dkr3.46 Billion ≈ $541.25 Million |
+11.08% |
| 2004-12-31 | Dkr3.11 Billion ≈ $487.28 Million |
+6.34% |
| 2003-12-31 | Dkr2.93 Billion ≈ $458.23 Million |
-18.34% |
| 2002-12-31 | Dkr3.59 Billion ≈ $561.14 Million |
+6.15% |
| 2001-12-31 | Dkr3.38 Billion ≈ $528.61 Million |
+2.96% |
| 2000-12-31 | Dkr3.28 Billion ≈ $513.40 Million |
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About 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