POLARIS ELECTRONICS A/S — Credit Rating and Financial Key Figures

CVR number: 25359607
Kærholt 1, 9210 Aalborg SØ
tel: 96317901

Company information

Official name
POLARIS ELECTRONICS A/S
Personnel
19 persons
Established
2000
Company form
Limited company
Industry

About POLARIS ELECTRONICS A/S

POLARIS ELECTRONICS A/S (CVR number: 25359607) is a company from AALBORG. The company recorded a gross profit of 13 mDKK in 2024. The operating profit was 2410.1 kDKK, while net earnings were 2724.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.6 %, which can be considered decent and Return on Equity (ROE) was 5.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 79.8 %, 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. POLARIS ELECTRONICS A/S's liquidity measured by quick ratio was 2.8 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

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 profit15 459.0017 653.0024 210.0033 542.0012 975.86
EBIT5 391.007 282.0013 194.0022 006.002 410.06
Net earnings3 360.006 458.0011 155.0016 702.002 724.93
Shareholders equity total27 988.0034 446.0045 600.0051 302.0043 027.43
Balance sheet total (assets)42 837.0045 265.0065 794.0082 970.0055 227.86
Net debt-8 777.00-12 362.00-8 053.00304.00-16 033.03
Profitability
EBIT-%
ROA14.6 %19.1 %26.0 %29.9 %5.6 %
ROE12.8 %20.7 %27.9 %34.5 %5.8 %
ROI19.5 %26.7 %35.4 %42.0 %7.5 %
Economic value added (EVA)3 242.844 740.959 174.6115 356.05- 348.28
Solvency
Equity ratio65.3 %78.8 %70.4 %62.8 %79.8 %
Gearing2.2 %3.6 %14.3 %4.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.72.91.71.62.8
Current ratio2.84.13.22.64.5
Cash and cash equivalents9 390.0012 362.009 706.007 024.0017 827.66
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:5.62%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.8%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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