POLARIS KLIMATEKNIK APS — Credit Rating and Financial Key Figures

CVR number: 38216805
Viemose Gade 60, 4771 Kalvehave
pb@dlst.tech
tel: 31644006

Company information

Official name
POLARIS KLIMATEKNIK APS
Personnel
1 person
Established
2016
Company form
Private limited company
Industry

About POLARIS KLIMATEKNIK APS

POLARIS KLIMATEKNIK APS (CVR number: 38216805) is a company from VORDINGBORG. The company reported a net sales of 0.4 mDKK in 2023, demonstrating a growth of 121.5 % compared to the previous year. The operating profit percentage was at 9.2 % (EBIT: 0 mDKK), while net earnings were 19.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak but Return on Equity (ROE) was 4.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 49.8 %, 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. POLARIS KLIMATEKNIK APS's liquidity measured by quick ratio was 2 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales2 223.00747.87180.25399.26
Gross profit439.18134.30-1.44156.72
EBIT124.64-95.49134.30-1.4436.72
Net earnings60.90- 129.87105.39-8.5719.46
Shareholders equity total510.02360.13445.52436.95456.42
Balance sheet total (assets)1 600.501 189.211 395.76945.73917.32
Net debt867.91791.17778.81410.39378.91
Profitability
EBIT-%5.6 %18.0 %-0.8 %9.2 %
ROA9.9 %-3.4 %15.9 %4.3 %3.9 %
ROE14.1 %-29.9 %26.2 %-1.9 %4.4 %
ROI11.4 %-3.8 %17.0 %4.7 %4.3 %
Economic value added (EVA)69.83- 149.9589.95-32.488.40
Solvency
Equity ratio31.9 %30.3 %31.9 %46.2 %49.8 %
Gearing170.2 %219.8 %182.2 %100.9 %84.6 %
Relative net indebtedness %49.0 %122.6 %265.3 %113.6 %
Liquidity
Quick ratio2.93.92.02.12.0
Current ratio5.15.12.02.12.0
Cash and cash equivalents0.210.2133.0230.587.40
Capital use efficiency
Trade debtors turnover (days)147.8663.71 842.6831.8
Net working capital %58.0 %94.8 %269.5 %114.3 %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:3.94%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.8%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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