POLAR PELS ApS — Credit Rating and Financial Key Figures

CVR number: 26929776
Bøgildvej 32, 7430 Ikast
pe.polar@mail.dk
tel: 24241286

Credit rating

Company information

Official name
POLAR PELS ApS
Personnel
1 person
Established
2003
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About POLAR PELS ApS

POLAR PELS ApS (CVR number: 26929776) is a company from IKAST-BRANDE. The company recorded a gross profit of -145.6 kDKK in 2023. The operating profit was -145.6 kDKK, while net earnings were -72.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.5 %, which can be considered poor and Return on Equity (ROE) was -5.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 56.8 %, 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. POLAR PELS ApS's liquidity measured by quick ratio was 2.3 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit790.29382.77542.94-28.71- 145.63
EBIT179.68- 177.56429.79-28.71- 145.63
Net earnings182.31- 125.05385.817.80-72.44
Shareholders equity total1 155.621 030.571 416.381 424.181 351.75
Balance sheet total (assets)2 394.372 154.592 220.912 248.412 379.95
Net debt1 088.53960.96700.38666.58613.59
Profitability
EBIT-%
ROA11.0 %-5.1 %22.5 %1.5 %-2.5 %
ROE17.1 %-11.4 %31.5 %0.5 %-5.2 %
ROI11.4 %-5.4 %23.9 %1.6 %-2.8 %
Economic value added (EVA)98.09- 211.53295.88-93.98- 185.15
Solvency
Equity ratio48.3 %47.8 %63.8 %63.3 %56.8 %
Gearing96.4 %94.6 %49.5 %46.8 %45.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.92.72.72.3
Current ratio1.81.92.72.72.3
Cash and cash equivalents25.6214.320.090.190.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-2.47%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.8%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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