KIRSTEN LINGS POLARMAGASINET A/S — Credit Rating and Financial Key Figures

CVR number: 66750817
Niels Bohr'S Plads, 3921 Narsaq

Company information

Official name
KIRSTEN LINGS POLARMAGASINET A/S
Established
1981
Company form
Limited company
Industry

About KIRSTEN LINGS POLARMAGASINET A/S

KIRSTEN LINGS POLARMAGASINET A/S (CVR number: 66750817) is a company from KUJALLEQ. The company recorded a gross profit of 4093.2 kDKK in 2023. The operating profit was 889.9 kDKK, while net earnings were 1020.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.9 %, which can be considered good and Return on Equity (ROE) was 8.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 82.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KIRSTEN LINGS POLARMAGASINET A/S's liquidity measured by quick ratio was 3.6 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 profit4 914.234 254.664 406.103 762.894 093.17
EBIT1 412.33868.921 063.17428.23889.88
Net earnings1 129.65978.311 130.85476.091 020.06
Shareholders equity total12 598.7813 466.4914 484.3411 846.0412 748.30
Balance sheet total (assets)15 511.1316 139.5217 415.1315 044.9915 575.83
Net debt-7 480.11-8 611.10-9 957.65-6 124.04-7 286.68
Profitability
EBIT-%
ROA10.1 %6.7 %10.4 %4.7 %8.9 %
ROE9.2 %7.5 %8.1 %3.6 %8.3 %
ROI11.3 %7.4 %11.5 %5.3 %9.7 %
Economic value added (EVA)778.63566.51553.2685.42491.72
Solvency
Equity ratio81.4 %83.7 %83.5 %79.1 %82.2 %
Gearing1.0 %0.9 %1.2 %12.7 %12.2 %
Relative net indebtedness %
Liquidity
Quick ratio4.85.55.82.63.6
Current ratio5.45.86.23.04.1
Cash and cash equivalents7 602.488 733.2110 133.517 632.888 839.87
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:8.94%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:82.2%
Rating: 61/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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