POLAR SALMON HJERTING LAKS A/S — Credit Rating and Financial Key Figures

CVR number: 15672234
H E Bluhmes Vej 18, 6700 Esbjerg
tel: 75124677

Credit rating

Company information

Official name
POLAR SALMON HJERTING LAKS A/S
Personnel
107 persons
Established
1991
Company form
Limited company
Industry
  • Expand more icon10Manufacture of food products

About POLAR SALMON HJERTING LAKS A/S

POLAR SALMON HJERTING LAKS A/S (CVR number: 15672234) is a company from ESBJERG. The company recorded a gross profit of 60.2 mDKK in 2023. The operating profit was 16.4 mDKK, while net earnings were 13 mDKK. The profitability of the company measured by Return on Assets (ROA) was 17.4 %, which can be considered excellent and Return on Equity (ROE) was 20.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69.1 %, 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 SALMON HJERTING LAKS A/S's liquidity measured by quick ratio was 1.9 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit77 707.8671 795.6771 220.2267 329.6860 236.79
EBIT27 853.9424 826.3922 444.7921 957.7016 386.64
Net earnings21 480.3719 093.5317 277.0417 026.8412 958.24
Shareholders equity total78 565.0375 418.1062 797.5764 915.8862 756.22
Balance sheet total (assets)114 157.74108 007.6892 533.9798 611.9190 808.55
Net debt-17 299.50-1 225.072 304.433 093.36-5 023.53
Profitability
EBIT-%
ROA24.5 %22.4 %22.4 %23.0 %17.4 %
ROE28.5 %24.8 %25.0 %26.7 %20.3 %
ROI35.9 %31.6 %31.6 %32.5 %24.9 %
Economic value added (EVA)18 637.6216 382.4013 754.0013 953.369 598.29
Solvency
Equity ratio68.8 %69.8 %67.9 %65.8 %69.1 %
Gearing2.4 %0.4 %3.7 %4.8 %
Relative net indebtedness %
Liquidity
Quick ratio2.02.41.91.51.9
Current ratio3.03.32.62.52.9
Cash and cash equivalents19 209.731 493.092.565.985 023.53
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAA

Variable visualization

ROA:17.4%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.1%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member
Chairman of the board
Board member

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