POLARBO ApS — Credit Rating and Financial Key Figures

CVR number: 12036914
Aqqusinersuaq 1, 3900 Nuuk
ht@hhe.gl
tel: 348001

Company information

Official name
POLARBO ApS
Established
2002
Company form
Private limited company
Industry

About POLARBO ApS

POLARBO ApS (CVR number: 12036914) is a company from SERMERSOOQ. The company recorded a gross profit of 18 mDKK in 2024. The operating profit was 15.5 mDKK, while net earnings were 10.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.8 %, which can be considered good and Return on Equity (ROE) was 12.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 63.4 %, 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. POLARBO ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit15 695.2917 219.6416 541.6917 301.1317 952.89
EBIT13 675.6014 746.3914 061.0014 820.4415 472.20
Net earnings9 272.6710 093.7310 349.6410 276.2810 831.14
Shareholders equity total53 578.1263 671.8574 021.4984 297.7795 128.90
Balance sheet total (assets)142 921.95142 926.30139 069.52138 316.81150 156.51
Net debt64 992.8459 875.6747 326.3936 114.1423 010.29
Profitability
EBIT-%
ROA10.0 %10.3 %10.0 %10.7 %10.8 %
ROE18.9 %17.2 %15.0 %13.0 %12.1 %
ROI10.9 %11.0 %10.2 %11.0 %11.1 %
Economic value added (EVA)6 120.516 440.496 548.165 943.565 911.93
Solvency
Equity ratio37.5 %44.5 %53.2 %60.9 %63.4 %
Gearing121.6 %99.3 %66.6 %43.0 %36.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.30.20.31.4
Current ratio0.00.30.20.31.4
Cash and cash equivalents157.653 343.061 936.75169.6111 333.17
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:10.8%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.4%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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