Polygon A/S — Credit Rating and Financial Key Figures

CVR number: 31859883
Stamholmen 193 B, 2650 Hvidovre
info@bygningskontrol.dk
tel: 38190007

Company information

Official name
Polygon A/S
Personnel
405 persons
Established
2009
Company form
Limited company
Industry

About Polygon A/S

Polygon A/S (CVR number: 31859883) is a company from HVIDOVRE. The company reported a net sales of 271.5 mDKK in 2023, demonstrating a growth of 36.7 % compared to the previous year. The operating profit percentage was poor at -2.2 % (EBIT: -6 mDKK), while net earnings were -7678 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.2 %, which can be considered poor and Return on Equity (ROE) was -3.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 70.6 %, 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. Polygon A/S's liquidity measured by quick ratio was 2.2 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales285.23277.55206.96198.66271.49
Gross profit115.69107.1275.3066.75103.46
EBIT115.69107.1275.30-20.14-6.01
Net earnings14.7510.61-13.23-18.54-7.68
Shareholders equity total251.39262.00218.76200.22192.55
Balance sheet total (assets)322.65337.53275.00263.33270.79
Net debt2.69-2.49
Profitability
EBIT-%40.6 %38.6 %36.4 %-10.1 %-2.2 %
ROA48.2 %32.5 %24.6 %-7.5 %-2.2 %
ROE9.1 %4.1 %-5.5 %-8.8 %-3.9 %
ROI54.0 %32.5 %24.6 %-8.1 %-2.8 %
Economic value added (EVA)112.5894.4962.13-28.89-15.96
Solvency
Equity ratio100.0 %100.0 %100.0 %75.6 %70.6 %
Gearing4.9 %2.6 %
Relative net indebtedness %28.1 %26.1 %
Liquidity
Quick ratio2.52.2
Current ratio2.52.2
Cash and cash equivalents7.207.44
Capital use efficiency
Trade debtors turnover (days)84.253.3
Net working capital %29.5 %23.0 %
Credit risk
Credit ratingBBBBBBBBBAAA

Variable visualization

ROA:-2.24%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.6%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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