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 -12.5 kDKK in 2024. The operating profit was -12.5 kDKK, while net earnings were 29.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.3 %, which can be considered weak and Return on Equity (ROE) was 2.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 56.7 %, 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 382.77 | 542.94 | -28.71 | - 145.63 | -12.49 |
EBIT | - 177.56 | 429.79 | -28.71 | - 145.63 | -12.49 |
Net earnings | - 125.05 | 385.81 | 7.80 | -72.44 | 29.79 |
Shareholders equity total | 1 030.57 | 1 416.38 | 1 424.18 | 1 351.75 | 1 381.53 |
Balance sheet total (assets) | 2 154.59 | 2 220.91 | 2 248.41 | 2 379.95 | 2 436.58 |
Net debt | 960.96 | 700.38 | 666.58 | 613.59 | 557.89 |
Profitability | |||||
EBIT-% | |||||
ROA | -5.1 % | 22.5 % | 1.5 % | -2.5 % | 3.3 % |
ROE | -11.4 % | 31.5 % | 0.5 % | -5.2 % | 2.2 % |
ROI | -5.4 % | 23.9 % | 1.6 % | -2.8 % | 4.1 % |
Economic value added (EVA) | - 269.73 | 246.15 | - 129.18 | - 218.66 | - 108.51 |
Solvency | |||||
Equity ratio | 47.8 % | 63.8 % | 63.3 % | 56.8 % | 56.7 % |
Gearing | 94.6 % | 49.5 % | 46.8 % | 45.4 % | 40.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.9 | 2.7 | 2.7 | 2.3 | 2.3 |
Current ratio | 1.9 | 2.7 | 2.7 | 2.3 | 2.3 |
Cash and cash equivalents | 14.32 | 0.09 | 0.19 | 0.16 | 0.16 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BB | BB | BB |
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