PolarGeographic ApS — Credit Rating and Financial Key Figures

PolarGeographic ApS (CVR number: 40858962) is a company from KØBENHAVN. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a growth of 195.6 % compared to the previous year. The operating profit percentage was at 35 % (EBIT: 0 mDKK), while net earnings were 45 kDKK. The profitability of the company measured by Return on Assets (ROA) was 54.9 %, which can be considered excellent and Return on Equity (ROE) was 111.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26.4 %, 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. PolarGeographic ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.