Polarize License ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Polarize License ApS
Polarize License ApS (CVR number: 41504544) is a company from FREDERIKSBERG. The company recorded a gross profit of -1.1 kDKK in 2023. The operating profit was -1.1 kDKK, while net earnings were 0.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak and Return on Equity (ROE) was 1.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 32.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Polarize License ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 29.11 | 6.00 | -1.09 |
EBIT | 29.11 | 6.00 | -1.09 |
Net earnings | 19.66 | 1.00 | 0.73 |
Shareholders equity total | 59.66 | 60.00 | 60.94 |
Balance sheet total (assets) | 313.41 | 83.00 | 187.15 |
Net debt | 113.17 | -13.00 | 14.16 |
Profitability | |||
EBIT-% | |||
ROA | 9.3 % | 4.0 % | 1.2 % |
ROE | 32.9 % | 1.7 % | 1.2 % |
ROI | 13.7 % | 5.6 % | 1.3 % |
Economic value added (EVA) | 22.71 | 5.00 | -2.90 |
Solvency | |||
Equity ratio | 19.0 % | 72.3 % | 32.6 % |
Gearing | 256.2 % | 18.3 % | 185.4 % |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 1.2 | 3.6 | 1.5 |
Current ratio | 1.2 | 3.6 | 1.5 |
Cash and cash equivalents | 39.66 | 24.00 | 98.82 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BB | BB | BB |
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