POLAR RAAJAT A/S — Credit Rating and Financial Key Figures

CVR number: 19650472
Imaneq 24, 3900 Nuuk

Credit rating

Company information

Official name
POLAR RAAJAT A/S
Established
1996
Company form
Limited company
Industry

About POLAR RAAJAT A/S

POLAR RAAJAT A/S (CVR number: 19650472) is a company from SERMERSOOQ. The company reported a net sales of 512.1 mDKK in 2024, demonstrating a decline of -1.2 % compared to the previous year. The operating profit percentage was at 2.5 % (EBIT: 12.6 mDKK), while net earnings were 11.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 5.6 %, which can be considered decent and Return on Equity (ROE) was 5.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 67.8 %, 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.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales547.01475.72561.99518.18512.08
Gross profit119.69101.15130.95108.99121.06
EBIT20.29-1.2528.063.8012.61
Net earnings15.27-0.4720.575.1911.70
Shareholders equity total189.99189.52210.09215.28226.98
Balance sheet total (assets)272.40268.28308.02314.05334.77
Net debt-10.24-1.52-8.65-38.47-22.65
Profitability
EBIT-%3.7 %-0.3 %5.0 %0.7 %2.5 %
ROA7.4 %-0.2 %9.7 %2.8 %5.6 %
ROE8.4 %-0.2 %10.3 %2.4 %5.3 %
ROI11.0 %-0.3 %14.0 %4.1 %8.1 %
Economic value added (EVA)5.54-10.6810.98-7.75-1.47
Solvency
Equity ratio69.7 %70.6 %68.2 %68.5 %67.8 %
Gearing0.5 %0.4 %0.2 %0.0 %1.4 %
Relative net indebtedness %12.4 %15.7 %15.8 %11.6 %15.8 %
Liquidity
Quick ratio2.32.22.12.12.1
Current ratio2.52.62.52.52.6
Cash and cash equivalents11.112.259.1638.4925.78
Capital use efficiency
Trade debtors turnover (days)0.30.20.30.30.2
Net working capital %21.8 %26.2 %26.2 %28.4 %33.3 %
Credit risk
Credit ratingAAAAAAAAAAAAAA

Variable visualization

ROA:5.58%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.8%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer
Board member
Chairman of the board

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.