POLAR PELS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 790.29 | 382.77 | 542.94 | -28.71 | - 145.63 |
EBIT | 179.68 | - 177.56 | 429.79 | -28.71 | - 145.63 |
Net earnings | 182.31 | - 125.05 | 385.81 | 7.80 | -72.44 |
Shareholders equity total | 1 155.62 | 1 030.57 | 1 416.38 | 1 424.18 | 1 351.75 |
Balance sheet total (assets) | 2 394.37 | 2 154.59 | 2 220.91 | 2 248.41 | 2 379.95 |
Net debt | 1 088.53 | 960.96 | 700.38 | 666.58 | 613.59 |
Profitability | |||||
EBIT-% | |||||
ROA | 11.0 % | -5.1 % | 22.5 % | 1.5 % | -2.5 % |
ROE | 17.1 % | -11.4 % | 31.5 % | 0.5 % | -5.2 % |
ROI | 11.4 % | -5.4 % | 23.9 % | 1.6 % | -2.8 % |
Economic value added (EVA) | 98.09 | - 211.53 | 295.88 | -93.98 | - 185.15 |
Solvency | |||||
Equity ratio | 48.3 % | 47.8 % | 63.8 % | 63.3 % | 56.8 % |
Gearing | 96.4 % | 94.6 % | 49.5 % | 46.8 % | 45.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.8 | 1.9 | 2.7 | 2.7 | 2.3 |
Current ratio | 1.8 | 1.9 | 2.7 | 2.7 | 2.3 |
Cash and cash equivalents | 25.62 | 14.32 | 0.09 | 0.19 | 0.16 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
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