POLYWARE ApS — Credit Rating and Financial Key Figures

CVR number: 24228681
Silkeborgvej 12 A, 8641 Sorring
info@polyware.dk
tel: 86954525

Credit rating

Company information

Official name
POLYWARE ApS
Personnel
1 person
Established
1999
Company form
Private limited company
Industry

About POLYWARE ApS

POLYWARE ApS (CVR number: 24228681) is a company from SILKEBORG. The company recorded a gross profit of 148.3 kDKK in 2023. The operating profit was 4.9 kDKK, while net earnings were 216.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.4 %, which can be considered decent but Return on Equity (ROE) was 11.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 60.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. POLYWARE ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit188.72206.72322.86240.89148.32
EBIT21.0239.03155.1680.024.95
Net earnings-2.2234.87- 130.1642.64216.81
Shareholders equity total1 834.621 869.491 739.321 781.961 998.77
Balance sheet total (assets)3 366.103 676.543 515.843 574.623 324.41
Net debt-16.58- 432.54- 352.66- 437.87- 650.50
Profitability
EBIT-%
ROA0.9 %1.6 %-2.2 %2.1 %5.4 %
ROE-0.1 %1.9 %-7.2 %2.4 %11.5 %
ROI1.5 %3.0 %-4.3 %4.1 %9.7 %
Economic value added (EVA)-76.07-55.6054.76-7.27-62.59
Solvency
Equity ratio54.5 %50.8 %49.5 %49.9 %60.1 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio0.10.30.20.30.5
Current ratio0.40.60.70.80.9
Cash and cash equivalents16.58432.54352.66437.87650.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:5.42%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.1%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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