Polytec Living IVS — Credit Rating and Financial Key Figures

CVR number: 37599905
Anne Cathrines Have 1, 8700 Horsens

Company information

Official name
Polytec Living IVS
Established
2016
Company form
Entrepreneurial limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
Volume
Net sales
Gross profit389.3644.81-4.00
EBIT-18.32-6.65-4.00
Net earnings-18.61-7.38-5.34
Shareholders equity total1.39-5.99-11.33
Balance sheet total (assets)84.0816.0016.00
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 ratio1.7 %-27.2 %-41.5 %
Gearing-180.8 %-92.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.00.70.6
Current ratio1.00.70.6
Cash and cash equivalents84.0816.0016.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:-16.2%
Rating: 4/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-41.5%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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