Polar Esbjerg ApS — Credit Rating and Financial Key Figures

CVR number: 25616669
Brolæggervej 16, 6710 Esbjerg V
tel: 75454828

Credit rating

Company information

Official name
Polar Esbjerg ApS
Personnel
12 persons
Established
2000
Company form
Private limited company
Industry

About Polar Esbjerg ApS

Polar Esbjerg ApS (CVR number: 25616669) is a company from ESBJERG. The company recorded a gross profit of 13.7 mDKK in 2023. The operating profit was 5350.1 kDKK, while net earnings were 4116.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.6 %, which can be considered excellent and Return on Equity (ROE) was 31.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 59 %, 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 Esbjerg ApS's liquidity measured by quick ratio was 1.6 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 profit20 024.0011 848.0012 546.4111 924.0013 668.12
EBIT10 328.003 501.003 408.053 563.005 350.11
Net earnings7 757.002 563.002 570.142 648.004 116.89
Shareholders equity total8 646.008 708.0010 278.0411 926.0014 042.86
Balance sheet total (assets)35 997.0025 402.0025 187.2921 329.0028 114.32
Net debt9 015.0010 964.009 821.123 614.00- 722.38
Profitability
EBIT-%
ROA33.9 %11.4 %13.6 %15.3 %21.6 %
ROE162.7 %29.5 %27.1 %23.9 %31.7 %
ROI44.2 %15.0 %16.6 %19.3 %31.0 %
Economic value added (EVA)7 749.382 433.312 016.272 154.653 474.57
Solvency
Equity ratio24.0 %34.3 %40.8 %55.9 %59.0 %
Gearing191.3 %128.5 %95.8 %30.5 %25.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.60.50.81.6
Current ratio1.11.11.11.61.5
Cash and cash equivalents7 527.00228.0023.3328.004 309.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAAAA

Variable visualization

ROA:21.6%
Rating: 76/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.0%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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