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 4210.8 kDKK in 2024. The operating profit was 1070 kDKK, while net earnings were 1497.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.6 %, which can be considered good and Return on Equity (ROE) was 11.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 89.9 %, 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 9.3 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 profit4 254.664 406.103 762.894 074.114 210.77
EBIT868.921 063.17428.23870.821 069.99
Net earnings978.311 130.85476.091 020.061 497.70
Shareholders equity total13 466.4914 484.3411 846.0412 748.3013 326.00
Balance sheet total (assets)16 139.5217 415.1315 044.9915 575.8314 862.88
Net debt-8 611.10-9 957.65-6 124.04-7 286.68-8 873.70
Profitability
EBIT-%
ROA6.7 %10.4 %4.7 %8.8 %11.6 %
ROE7.5 %8.1 %3.6 %8.3 %11.5 %
ROI7.4 %11.5 %5.3 %9.6 %12.4 %
Economic value added (EVA)114.5457.80- 488.798.18179.95
Solvency
Equity ratio83.7 %83.5 %79.1 %82.2 %89.9 %
Gearing0.9 %1.2 %12.7 %12.2 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio5.55.82.63.69.3
Current ratio5.86.23.04.110.2
Cash and cash equivalents8 733.2110 133.517 632.888 839.878 886.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:11.6%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:89.9%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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