Polytec Living IVS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Polytec Living IVS
Polytec Living IVS (CVR number: 37599905) is a company from HORSENS. The company recorded a gross profit of -4 kDKK in 2018. The operating profit was -4 kDKK, while net earnings were -5.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.2 %, which can be considered poor and Return on Equity (ROE) was -33.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -41.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Polytec Living IVS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | |
|---|---|---|---|
| Volume | |||
| Net sales | |||
| Gross profit | 389.36 | 44.81 | -4.00 |
| EBIT | -18.32 | -6.65 | -4.00 |
| Net earnings | -18.61 | -7.38 | -5.34 |
| Shareholders equity total | 1.39 | -5.99 | -11.33 |
| Balance sheet total (assets) | 84.08 | 16.00 | 16.00 |
| Net debt | -84.08 | -5.17 | -5.52 |
| Profitability | |||
| EBIT-% | |||
| ROA | -21.8 % | -12.5 % | -16.2 % |
| ROE | -1335.8 % | -84.9 % | -33.4 % |
| ROI | -1315.5 % | -108.8 % | -37.5 % |
| Economic value added (EVA) | -18.32 | -2.49 | -2.90 |
| Solvency | |||
| Equity ratio | 1.7 % | -27.2 % | -41.5 % |
| Gearing | -180.8 % | -92.5 % | |
| Relative net indebtedness % | |||
| Liquidity | |||
| Quick ratio | 1.0 | 0.7 | 0.6 |
| Current ratio | 1.0 | 0.7 | 0.6 |
| Cash and cash equivalents | 84.08 | 16.00 | 16.00 |
| Capital use efficiency | |||
| Trade debtors turnover (days) | |||
| Net working capital % | |||
| Credit risk | |||
| Credit rating | B | BB | BB |
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