Solar Polaris A/S — Credit Rating and Financial Key Figures

Solar Polaris A/S (CVR number: 38378171) is a company from RUDERSDAL. The company recorded a gross profit of 11.3 mDKK in 2023. The operating profit was 2830.8 kDKK, while net earnings were 2108.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.8 %, which can be considered good but Return on Equity (ROE) was 44.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Solar Polaris A/S's liquidity measured by quick ratio was 2 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.