POLITE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About POLITE ApS
POLITE ApS (CVR number: 34725454) is a company from KØBENHAVN. The company recorded a gross profit of -1.5 kDKK in 2021. The operating profit was -1.5 kDKK, while net earnings were -3.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.7 %, which can be considered poor and Return on Equity (ROE) was -2.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 72 %, 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. POLITE ApS's liquidity measured by quick ratio was 3.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 142.79 | 35.94 | 110.09 | -10.35 | -1.55 |
EBIT | 142.79 | 35.94 | 110.09 | -10.35 | -1.55 |
Net earnings | 111.26 | 51.20 | 84.16 | -12.83 | -3.70 |
Shareholders equity total | 30.78 | 81.98 | 166.14 | 153.31 | 149.61 |
Balance sheet total (assets) | 192.81 | 221.12 | 318.44 | 231.47 | 207.78 |
Net debt | -64.43 | -92.74 | - 188.55 | - 179.60 | - 155.91 |
Profitability | |||||
EBIT-% | |||||
ROA | 73.8 % | 17.4 % | 40.8 % | -3.8 % | -0.7 % |
ROE | 154.2 % | 90.8 % | 67.8 % | -8.0 % | -2.4 % |
ROI | 90.5 % | 19.4 % | 43.6 % | -4.1 % | -0.8 % |
Economic value added (EVA) | 120.97 | 33.66 | 92.73 | -2.77 | 2.38 |
Solvency | |||||
Equity ratio | 16.0 % | 37.1 % | 52.2 % | 66.2 % | 72.0 % |
Gearing | 417.1 % | 156.6 % | 77.3 % | 33.8 % | 34.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 1.6 | 2.1 | 3.0 | 3.6 |
Current ratio | 1.2 | 1.6 | 2.1 | 3.0 | 3.6 |
Cash and cash equivalents | 192.81 | 221.12 | 316.93 | 231.47 | 207.78 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | C | B |
Variable visualization
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