Polygon A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Polygon A/S
Polygon A/S (CVR number: 31859883K) is a company from HVIDOVRE. The company reported a net sales of 205.3 mDKK in 2016, demonstrating a growth of 5 % compared to the previous year. The operating profit percentage was at 10.3 % (EBIT: 21.3 mDKK), while net earnings were 15.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 18.1 %, which can be considered excellent and Return on Equity (ROE) was 46.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 42.4 %, 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. Polygon A/S's liquidity measured by quick ratio was 2 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2012 | 2013 | 2014 | 2015 | 2016 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 100.88 | 127.66 | 182.82 | 195.48 | 205.34 |
Gross profit | 35.95 | 48.17 | 75.50 | 78.29 | 83.05 |
EBIT | 2.27 | 9.02 | 25.46 | 23.57 | 21.25 |
Net earnings | -0.28 | 5.37 | 18.42 | 17.67 | 15.79 |
Shareholders equity total | 7.28 | 12.77 | 30.95 | 46.92 | 49.41 |
Balance sheet total (assets) | 60.00 | 74.52 | 90.12 | 117.77 | 116.62 |
Net debt | -11.65 | -10.40 | |||
Profitability | |||||
EBIT-% | 12.1 % | 10.3 % | |||
ROA | 22.7 % | 18.1 % | |||
ROE | 62.7 % | 46.6 % | |||
ROI | 38.7 % | 28.5 % | |||
Economic value added (EVA) | -1.50 | 4.92 | 17.04 | 15.81 | 12.70 |
Solvency | |||||
Equity ratio | 39.8 % | 42.4 % | |||
Gearing | |||||
Relative net indebtedness % | 28.6 % | 26.3 % | |||
Liquidity | |||||
Quick ratio | 1.8 | 2.0 | |||
Current ratio | 1.8 | 2.0 | |||
Cash and cash equivalents | 0.28 | 0.16 | 8.41 | 11.65 | 10.40 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 69.8 | 66.9 | |||
Net working capital % | 18.5 % | 19.0 % | |||
Credit risk | |||||
Credit rating | AA | AA |
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