POLARIS NORDIC A/S — Credit Rating and Financial Key Figures

CVR number: 35682236
Lautrupsgade 9, 2100 København Ø

Company information

Official name
POLARIS NORDIC A/S
Established
2014
Company form
Limited company
Industry

About POLARIS NORDIC A/S

POLARIS NORDIC A/S (CVR number: 35682236) is a company from KØBENHAVN. The company recorded a gross profit of 11.9 kDKK in 2024. The operating profit was 11.9 kDKK, while net earnings were 20.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2 %, which can be considered weak and Return on Equity (ROE) was 3.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 49.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. POLARIS NORDIC A/S's liquidity measured by quick ratio was 2 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit21.8618.1618.5015.0711.91
EBIT21.8618.1618.5015.0711.91
Net earnings11.8410.2210.2823.1520.10
Shareholders equity total597.20607.41617.70640.84660.94
Balance sheet total (assets)1 226.221 237.951 498.781 524.781 325.09
Net debt-91.18- 738.10- 406.21- 762.40- 133.22
Profitability
EBIT-%
ROA1.4 %1.5 %1.4 %2.1 %2.0 %
ROE2.0 %1.7 %1.7 %3.7 %3.1 %
ROI3.7 %3.0 %3.0 %5.1 %4.3 %
Economic value added (EVA)-8.76-11.2420.991.0815.36
Solvency
Equity ratio48.7 %49.1 %41.2 %42.0 %49.9 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.92.01.71.72.0
Current ratio1.92.01.71.72.0
Cash and cash equivalents91.18738.10406.21762.40133.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:1.98%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.9%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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