POLAR SEAFOOD DENMARK A/S

POLAR SEAFOOD DENMARK A/S (CVR number: 11369677) is a company from AALBORG. The company reported a net sales of 3092.2 mDKK in 2023, demonstrating a decline of -3.6 % compared to the previous year. The operating profit percentage was at 5.1 % (EBIT: 158.2 mDKK), while net earnings were 74.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 14.2 %, which can be considered good but Return on Equity (ROE) was 6.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 57.2 %, 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 1.3 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.