POLAR SEAFOOD DENMARK A/S

POLAR SEAFOOD DENMARK A/S (CVR number: 11369677K) is a company from AALBORG. The company reported a net sales of 3851.4 mDKK in 2023, demonstrating a decline of -1.2 % compared to the previous year. The operating profit percentage was at 4.8 % (EBIT: 183.8 mDKK), while net earnings were 81.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 14.7 %, which can be considered good but Return on Equity (ROE) was 7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 56.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. POLAR SEAFOOD DENMARK A/S's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.