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POLYART ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About POLYART ApS
POLYART ApS (CVR number: 24159019) is a company from HOLBÆK. The company recorded a gross profit of 234.3 kDKK in 2025. The operating profit was 86.1 kDKK, while net earnings were -3.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.6 %, which can be considered weak but Return on Equity (ROE) was -0.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 40.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. POLYART ApS's liquidity measured by quick ratio was 11.2 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 724.44 | 681.75 | 676.05 | 685.22 | 234.31 |
| EBIT | 576.19 | 533.51 | 527.80 | 536.98 | 86.06 |
| Net earnings | 683.70 | 136.19 | 499.01 | 515.77 | -3.63 |
| Shareholders equity total | 3 824.83 | 3 903.82 | 4 343.93 | 4 798.70 | 4 727.57 |
| Balance sheet total (assets) | 11 328.35 | 11 137.93 | 11 467.90 | 11 809.94 | 11 874.32 |
| Net debt | 4 409.63 | 4 567.02 | 4 243.22 | 4 009.93 | 4 889.13 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 9.9 % | 6.4 % | 8.5 % | 8.2 % | 2.6 % |
| ROE | 19.5 % | 3.5 % | 12.1 % | 11.3 % | -0.1 % |
| ROI | 10.3 % | 6.6 % | 8.7 % | 8.4 % | 2.7 % |
| Economic value added (EVA) | -59.65 | - 214.52 | - 155.44 | - 164.09 | - 515.94 |
| Solvency | |||||
| Equity ratio | 34.4 % | 35.7 % | 38.9 % | 41.0 % | 40.5 % |
| Gearing | 177.5 % | 167.5 % | 147.0 % | 131.0 % | 130.8 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 11.3 | 13.6 | 32.6 | 19.0 | 11.2 |
| Current ratio | 7.8 | 8.7 | 11.8 | 14.0 | 7.5 |
| Cash and cash equivalents | 2 379.60 | 1 970.97 | 2 141.66 | 2 275.73 | 1 296.00 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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