GrønlandsBANKEN A/S

BATS-CHIXE:GRLAC Stock Report

Market Cap: DKK 1.1b

GrønlandsBANKEN Past Earnings Performance

Past criteria checks 2/6

GrønlandsBANKEN has been growing earnings at an average annual rate of 3.4%, while the Banks industry saw earnings growing at 21.2% annually. Revenues have been growing at an average rate of 2.5% per year. GrønlandsBANKEN's return on equity is 7.5%, and it has net margins of 31.4%.

Key information

3.4%

Earnings growth rate

3.4%

EPS growth rate

Banks Industry Growth21.2%
Revenue growth rate2.5%
Return on equity7.5%
Net Margin31.4%
Next Earnings Update09 May 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How GrønlandsBANKEN makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

BATS-CHIXE:GRLAC Revenue, expenses and earnings (DKK Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 22314991930
30 Sep 223071031900
30 Jun 223251181880
31 Mar 223441311890
31 Dec 213551331890
30 Sep 213501231920
30 Jun 213461221890
31 Mar 213451251840
31 Dec 20319961810
30 Sep 203111031760
30 Jun 203171061740
31 Mar 203111161760
31 Dec 193311301740
30 Sep 193251361700
30 Jun 193151311670
31 Mar 193141151630
31 Dec 183061131600
30 Sep 18303931600
30 Jun 18293871580
31 Mar 18292881560
31 Dec 17295901550
30 Sep 17292921570
30 Jun 17297951570
31 Mar 17286891540
31 Dec 16268771530
30 Sep 16260731520
30 Jun 16253681500
31 Mar 16257701500

Quality Earnings: GRLAC has high quality earnings.

Growing Profit Margin: GRLAC's current net profit margins (31.4%) are lower than last year (37.4%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: GRLAC's earnings have grown by 3.4% per year over the past 5 years.

Accelerating Growth: GRLAC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: GRLAC had negative earnings growth (-25.7%) over the past year, making it difficult to compare to the Banks industry average (53.8%).

Return on Equity

High ROE: GRLAC's Return on Equity (7.5%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/03/11 03:51
End of Day Share Price 2022/12/12 00:00
Earnings2022/12/31
Annual Earnings2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

GrønlandsBANKEN A/S is covered by 0 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.