GrønlandsBANKEN A/S

GrønlandsBANKEN A/Sverified

GRLA.CO

Price:

$870

Market Cap:

$1.57B

GrønlandsBANKEN A/S provides financial services to private customers, business customers, and public institutions in Greenland. It offers deposits, loans, and guarantees; online and mobile banking; and professional advisory services. The company was founded in 1967 and is headquartered in Nuuk, Greenland.

Industry

Banks - Regional

IPO Date

2000-01-03

Stock Exchange

CPH

Ticker

GRLA.CO

The Current Ratio as of December 2025 (TTM) for GrønlandsBANKEN A/S (GRLA.CO) is 0.26

According to GrønlandsBANKEN A/S’s latest financial reports and current stock price. The company's current Current Ratio is 0.26. This represents a change of -0.59% compared to the average of 0.26 of the last 4 quarters.

GrønlandsBANKEN A/S (GRLA.CO) Historical Current Ratio (quarterly & annually)

How has GRLA.CO Current Ratio performed in the past?

The mean historical Current Ratio of GrønlandsBANKEN A/S over the last ten years is 0.30. The current 0.26 Current Ratio has changed 8.49% with respect to the historical average. Over the past ten years (40 quarters), GRLA.CO's Current Ratio was at its highest in in the September 2020 quarter at 981.12. The Current Ratio was at its lowest in in the September 2015 quarter at 0.

Quarterly (TTM)
Annual

Average

0.30

Median

0.27

Minimum

0.17

Maximum

0.60

GrønlandsBANKEN A/S (GRLA.CO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of GrønlandsBANKEN A/S Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 62.09%

Maximum Annual Current Ratio = 0.60

Minimum Annual Increase = -99.77%

Minimum Annual Current Ratio = 0.17

Quarterly (TTM)
Annual
YearCurrent RatioChange
20240.2918.27%
20230.241.01%
20220.24-8.23%
20210.26-15.82%
20200.3114.44%
20190.270.11%
20180.2762.09%
20170.17-72.21%
20160.6058.85%
20150.38-99.77%

GrønlandsBANKEN A/S (GRLA.CO) Average Current Ratio

How has GRLA.CO Current Ratio performed in the past?

The current Current Ratio of GrønlandsBANKEN A/S (GRLA.CO) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

0.26

5-year avg

0.27

10-year avg

0.30

GrønlandsBANKEN A/S (GRLA.CO) Current Ratio vs. Peers

How is GRLA.CO’s Current Ratio compared to its peers?

GrønlandsBANKEN A/S’s Current Ratio is greater than Kreditbanken A/S (0), greater than Fynske Bank A/S (0.10), greater than Djurslands Bank A/S (0.16), greater than Nordfyns Bank A/S (0), less than Møns Bank A/S (0.39), less than Skjern Bank A/S (0.31), greater than Lollands Bank A/S (0.23), less than Danske Invest Mix Offensiv (0), greater than Sparinvest INDEX Emerging Markets KL (0), less than Nykredit Invest Danske Aktier Akk KL (0),

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