POLAR SEAFOOD GREENLAND A/S

POLAR SEAFOOD GREENLAND A/S (CVR number: 11812910K) is a company from SERMERSOOQ. The company reported a net sales of 1487.7 mDKK in 2023, demonstrating a growth of 0.4 % compared to the previous year. The operating profit percentage was at 3.3 % (EBIT: 48.4 mDKK), while net earnings were 77.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent and Return on Equity (ROE) was 5.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 67 %, 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. POLAR SEAFOOD GREENLAND A/S'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.