Polaris DK BidCoII ApS — Credit Rating and Financial Key Figures

CVR number: 41971088
Nyropsgade 43, 1602 København V

Company information

Official name
Polaris DK BidCoII ApS
Established
2020
Company form
Private limited company
Industry

About Polaris DK BidCoII ApS

Polaris DK BidCoII ApS (CVR number: 41971088) is a company from KØBENHAVN. The company recorded a gross profit of -30 kEUR in 2024. The operating profit was -30 kEUR, while net earnings were 2363.5 kEUR. The profitability of the company measured by Return on Assets (ROA) was 6.2 %, which can be considered decent and Return on Equity (ROE) was 6.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 47.2 %, 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. Polaris DK BidCoII ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kEUR)

EBIT (kEUR)

Profitability

Solidity

Key figures (kEUR)

See financials
2021
2022
2023
2024
Volume
Net sales
Gross profit- 125.26-42.35-30.02
EBIT-20 755.61- 125.26-42.35-30.02
Net earnings-30 359.803 443.47469.812 363.53
Shareholders equity total216 417.3732 546.9432 944.9635 290.16
Balance sheet total (assets)535 799.3873 420.6074 740.5274 717.40
Net debt317 787.1240 709.0340 163.6439 212.40
Profitability
EBIT-%
ROA-3.9 %1.9 %6.5 %6.2 %
ROE-14.0 %2.8 %1.4 %6.9 %
ROI-3.9 %1.9 %6.5 %6.2 %
Economic value added (EVA)-19 055.31-26 944.68-3 717.50-3 761.57
Solvency
Equity ratio40.4 %44.3 %44.1 %47.2 %
Gearing146.9 %125.1 %125.8 %111.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.10.30.3
Current ratio0.00.10.30.3
Cash and cash equivalents32.3917.531 282.51209.61
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAA

Variable visualization

ROA:6.16%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.2%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board
Board member

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