POLAR ENTREPRISE A/S — Credit Rating and Financial Key Figures

POLAR ENTREPRISE A/S (CVR number: 11775837) is a company from QEQQATA. The company recorded a gross profit of 15.5 mDKK in 2023. The operating profit was -724 kDKK, while net earnings were -469.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.9 %, which can be considered poor and Return on Equity (ROE) was -3.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 67.6 %, 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. POLAR ENTREPRISE A/S's liquidity measured by quick ratio was 2.1 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.