POLYART ApS — Credit Rating and Financial Key Figures

CVR number: 24159019
Rørmosevej 4, 4560 Vig

Company information

Official name
POLYART ApS
Established
1976
Company form
Private limited company
Industry

About POLYART ApS

POLYART ApS (CVR number: 24159019) is a company from ODSHERRED. The company recorded a gross profit of 685.2 kDKK in 2024. The operating profit was 537 kDKK, while net earnings were 515.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.2 %, which can be considered good and Return on Equity (ROE) was 11.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 41.7 %, 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 44.1 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit682.11724.44681.75676.05685.22
EBIT533.86576.19533.51527.80536.98
Net earnings419.54683.70136.19499.01515.77
Shareholders equity total3 173.873 824.833 903.824 343.934 798.71
Balance sheet total (assets)10 040.9311 328.3511 137.9311 467.9011 809.94
Net debt4 157.584 409.634 567.024 243.224 009.93
Profitability
EBIT-%
ROA7.9 %9.9 %6.4 %8.5 %8.2 %
ROE14.0 %19.5 %3.5 %12.1 %11.3 %
ROI8.1 %10.3 %6.6 %8.7 %8.4 %
Economic value added (EVA)27.0675.67-66.03-27.86-32.80
Solvency
Equity ratio32.3 %34.4 %35.7 %38.9 %41.7 %
Gearing197.6 %177.5 %167.5 %147.0 %131.0 %
Relative net indebtedness %
Liquidity
Quick ratio8.411.313.632.644.1
Current ratio5.87.88.711.814.0
Cash and cash equivalents2 113.212 379.601 970.972 141.662 275.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:8.17%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:41.7%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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