POLARIC APS — Credit Rating and Financial Key Figures

POLARIC APS (CVR number: 36087196) is a company from KØBENHAVN. The company recorded a gross profit of 198.3 kDKK in 2023. The operating profit was 1.5 kDKK, while net earnings were -4.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak but Return on Equity (ROE) was -1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 67.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. POLARIC APS's liquidity measured by quick ratio was 3.1 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.