Polar-Holding ApS — Credit Rating and Financial Key Figures

CVR number: 40803335
Jernholmen 36, 2650 Hvidovre
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Company information

Official name
Polar-Holding ApS
Established
2019
Company form
Private limited company
Industry

About Polar-Holding ApS

Polar-Holding ApS (CVR number: 40803335) is a company from HVIDOVRE. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -1.9 kDKK, while net earnings were -1.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.1 %, which can be considered poor and Return on Equity (ROE) was -5.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 95 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Polar-Holding ApS's liquidity measured by quick ratio was 20.1 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales
Gross profit
EBIT-1.76-1.90
Net earnings- 323.92-1.17-2.22-1.86
Shareholders equity total39.5038.3336.1134.25
Balance sheet total (assets)39.5038.3387.8836.05
Net debt-39.50
Profitability
EBIT-%
ROA-604.1 %-2.8 %-3.1 %
ROE-820.0 %-3.0 %-6.0 %-5.3 %
ROI-604.1 %-4.7 %-5.4 %
Economic value added (EVA)16.25-3.69-3.71
Solvency
Equity ratio100.0 %100.0 %41.1 %95.0 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.720.1
Current ratio1.720.1
Cash and cash equivalents39.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-3.07%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.0%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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