Polaris MidCo1 ApS — Credit Rating and Financial Key Figures

CVR number: 41951028
Nyropsgade 43, 1602 København V

Credit rating

Company information

Official name
Polaris MidCo1 ApS
Established
2020
Company form
Private limited company
Industry

About Polaris MidCo1 ApS

Polaris MidCo1 ApS (CVR number: 41951028) is a company from KØBENHAVN. The company recorded a gross profit of -13.8 kEUR in 2023. The operating profit was -13.8 kEUR, while net earnings were -2686.9 kEUR. The profitability of the company measured by Return on Assets (ROA) was -15 %, which can be considered poor and Return on Equity (ROE) was -15.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 96.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Polaris MidCo1 ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kEUR)

EBIT (kEUR)

Profitability

Solidity

Key figures (kEUR)

See financials
2021
2022
2023
Volume
Net sales
Gross profit- 722.03-50.70-13.81
EBIT- 722.03-50.70-13.81
Net earnings-60 660.05- 894.51-2 686.87
Shareholders equity total147 459.6519 130.1615 491.34
Balance sheet total (assets)147 459.6519 546.3515 980.81
Net debt-3 323.29394.30419.45
Profitability
EBIT-%
ROA-41.1 %-1.1 %-15.0 %
ROE-41.1 %-1.1 %-15.5 %
ROI-41.1 %-1.1 %-15.0 %
Economic value added (EVA)- 720.06-7 449.32- 993.17
Solvency
Equity ratio100.0 %97.9 %96.9 %
Gearing2.2 %3.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.9
Current ratio0.90.9
Cash and cash equivalents3 323.2921.2266.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-15.0%
Rating: 5/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.9%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board
Board member

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.