Polar VVS ApS — Credit Rating and Financial Key Figures

Polar VVS ApS (CVR number: 38803697) is a company from HVIDOVRE. The company recorded a gross profit of 2425.3 kDKK in 2023. The operating profit was 1017.7 kDKK, while net earnings were 627.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 39.9 %, which can be considered excellent and Return on Equity (ROE) was 58.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -42.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Polar VVS ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.