POLYGEN ApS
Credit rating
Company information
About POLYGEN ApS
POLYGEN ApS (CVR number: 33352506) is a company from HORSENS. The company reported a net sales of 0.1 mDKK in 2019, demonstrating a growth of 138.7 % compared to the previous year. The operating profit percentage was at 6.9 % (EBIT: 0 mDKK), while net earnings were 9.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.9 %, which can be considered weak and Return on Equity (ROE) was 2.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 70 %, 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. POLYGEN ApS's liquidity measured by quick ratio was 2.4 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|
Volume | ||||
Net sales | 89.27 | 57.10 | 136.29 | |
Gross profit | -16.85 | 11.28 | 9.36 | |
EBIT | -16.85 | 11.28 | 9.36 | |
Net earnings | -17.00 | 10.37 | 9.36 | |
Shareholders equity total | 376.47 | 359.47 | 369.84 | 379.20 |
Balance sheet total (assets) | 449.80 | 416.05 | 446.91 | 541.52 |
Net debt | 57.61 | -31.28 | -7.88 | 7.77 |
Profitability | ||||
EBIT-% | -18.9 % | 19.8 % | 6.9 % | |
ROA | -3.9 % | 2.6 % | 1.9 % | |
ROE | -4.6 % | 2.8 % | 2.5 % | |
ROI | -4.2 % | 3.0 % | 2.4 % | |
Economic value added (EVA) | -13.17 | -2.07 | -5.04 | |
Solvency | ||||
Equity ratio | 83.7 % | 86.4 % | 82.8 % | 70.0 % |
Gearing | 15.2 % | 3.5 % | 2.0 % | |
Relative net indebtedness % | 10.5 % | 98.4 % | 119.3 % | |
Liquidity | ||||
Quick ratio | 7.9 | 4.4 | 2.4 | |
Current ratio | 8.4 | 4.8 | 2.9 | |
Cash and cash equivalents | -0.20 | 31.28 | 20.88 | -0.34 |
Capital use efficiency | ||||
Trade debtors turnover (days) | 58.6 | 379.8 | ||
Net working capital % | 334.8 % | 513.7 % | 222.1 % | |
Credit risk | ||||
Credit rating | B | BB | BB | BB |
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