POLAR TOOLS A/S — Credit Rating and Financial Key Figures

CVR number: 29197997
Soldalen 9, 7100 Vejle

Credit rating

Company information

Official name
POLAR TOOLS A/S
Personnel
5 persons
Established
2005
Company form
Limited company
Industry
  • Expand more icon468400

About POLAR TOOLS A/S

POLAR TOOLS A/S (CVR number: 29197997) is a company from VEJLE. The company recorded a gross profit of 4967.1 kDKK in 2024. The operating profit was 2248 kDKK, while net earnings were 1294.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.6 %, which can be considered good and Return on Equity (ROE) was 11.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 50.4 %, 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 TOOLS A/S's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit5 904.906 155.115 491.425 056.114 967.09
EBIT2 898.882 940.582 226.961 900.592 248.01
Net earnings2 156.132 179.381 599.88994.211 294.52
Shareholders equity total6 924.438 603.819 803.6910 397.8911 342.42
Balance sheet total (assets)14 912.4417 400.0323 110.6925 371.4222 491.92
Net debt6 279.937 275.5211 460.2611 225.429 555.83
Profitability
EBIT-%
ROA19.0 %18.2 %11.3 %8.0 %9.6 %
ROE35.7 %28.1 %17.4 %9.8 %11.9 %
ROI20.8 %20.1 %12.3 %9.1 %10.9 %
Economic value added (EVA)1 976.561 929.521 294.07992.091 167.00
Solvency
Equity ratio46.4 %49.4 %42.4 %41.0 %50.4 %
Gearing90.7 %84.6 %116.9 %108.1 %84.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.40.20.10.3
Current ratio1.92.01.71.72.0
Cash and cash equivalents9.856.09
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:9.65%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.4%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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