POLEN INVEST A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About POLEN INVEST A/S
POLEN INVEST A/S (CVR number: 16988774K) is a company from HERNING. The company reported a net sales of 2039.1 mDKK in 2023, demonstrating a growth of 29.6 % compared to the previous year. The operating profit percentage was at 19.6 % (EBIT: 399.3 mDKK), while net earnings were 358.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 17.2 %, which can be considered excellent and Return on Equity (ROE) was 28.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 59.1 %, 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. POLEN INVEST A/S's liquidity measured by quick ratio was 2.1 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 643.92 | 1 463.40 | 1 292.10 | 1 572.84 | 2 039.08 |
Gross profit | 458.66 | 323.96 | 290.43 | 468.98 | 640.20 |
EBIT | 192.66 | 53.50 | 43.02 | 200.55 | 399.34 |
Net earnings | 27.48 | 358.52 | |||
Shareholders equity total | 1 190.03 | 1 573.14 | |||
Balance sheet total (assets) | 2 882.73 | 2 470.86 | 2 676.89 | 2 357.12 | 2 660.23 |
Net debt | 804.03 | 492.57 | |||
Profitability | |||||
EBIT-% | 11.7 % | 3.7 % | 3.3 % | 12.8 % | 19.6 % |
ROA | 7.0 % | 2.0 % | 1.7 % | 8.1 % | 17.2 % |
ROE | 5.0 % | 28.3 % | |||
ROI | 7.2 % | 2.0 % | 1.7 % | 8.4 % | 18.8 % |
Economic value added (EVA) | 67.22 | 53.50 | 43.02 | 199.77 | 290.69 |
Solvency | |||||
Equity ratio | 50.4 % | 59.1 % | |||
Gearing | 80.5 % | 55.3 % | |||
Relative net indebtedness % | 64.4 % | 34.8 % | |||
Liquidity | |||||
Quick ratio | 1.0 | 2.1 | |||
Current ratio | 3.3 | 4.4 | |||
Cash and cash equivalents | 154.53 | 378.03 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 21.7 | 29.3 | |||
Net working capital % | 45.7 % | 48.4 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AAA | AAA |
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