Polaris MidCo2 ApS — Credit Rating and Financial Key Figures

CVR number: 41951052
Nyropsgade 43, 1602 København V

Company information

Official name
Polaris MidCo2 ApS
Established
2020
Company form
Private limited company
Industry

About Polaris MidCo2 ApS

Polaris MidCo2 ApS (CVR number: 41951052) is a company from KØBENHAVN. The company recorded a gross profit of -85.2 kEUR in 2024. The operating profit was -85.2 kEUR, while net earnings were -1430.4 kEUR. The profitability of the company measured by Return on Assets (ROA) was -7.7 %, which can be considered poor and Return on Equity (ROE) was -9.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 96.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Polaris MidCo2 ApS's liquidity measured by quick ratio was 28.8 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 (kEUR)

EBIT (kEUR)

Profitability

Solidity

Key figures (kEUR)

See financials
2021
2022
2023
2024
Volume
Net sales
Gross profit-23.52-13.35-85.21
EBIT-23.52-13.35-85.21
Net earnings-8 058.78- 851.35-2 671.95-1 430.36
Shareholders equity total19 247.5419 183.5415 556.6813 353.42
Balance sheet total (assets)19 382.0219 777.5216 372.2113 833.24
Net debt72.86294.49-1 298.72- 447.07
Profitability
EBIT-%
ROA-41.5 %-2.9 %-13.6 %-7.7 %
ROE-41.9 %-4.4 %-15.4 %-9.9 %
ROI-41.5 %-3.0 %-13.8 %-7.8 %
Economic value added (EVA)- 992.34- 990.89- 878.84
Solvency
Equity ratio99.3 %97.0 %95.0 %96.5 %
Gearing0.7 %1.7 %3.9 %1.5 %
Relative net indebtedness %
Liquidity
Quick ratio111.827.720.128.8
Current ratio111.827.720.128.8
Cash and cash equivalents61.6234.011 908.64649.53
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-7.65%
Rating: 12/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.5%
Rating: 78/100
-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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