POLAR RAAJAT A/S

POLAR RAAJAT A/S (CVR number: 19650472) is a company from SERMERSOOQ. The company reported a net sales of 518.2 mDKK in 2023, demonstrating a decline of -7.8 % compared to the previous year. The operating profit percentage was at 0.7 % (EBIT: 3.8 mDKK), while net earnings were 5192 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.8 %, which can be considered weak and Return on Equity (ROE) was 2.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 68.5 %, 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 RAAJAT 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.