POLAR ESTATES ApS — Credit Rating and Financial Key Figures

POLAR ESTATES ApS (CVR number: 29536805) is a company from LANGELAND. The company recorded a gross profit of 397.5 kDKK in 2021. The operating profit was 397.5 kDKK, while net earnings were 385 kDKK. The profitability of the company measured by Return on Assets (ROA) was 34.5 %, which can be considered excellent and Return on Equity (ROE) was 57.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.3 %, 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. POLAR ESTATES ApS's liquidity measured by quick ratio was 2.7 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.