Polygon A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Polygon A/S
Polygon A/S (CVR number: 31859883) is a company from HVIDOVRE. The company reported a net sales of 457.6 mDKK in 2024, demonstrating a growth of 68.5 % compared to the previous year. The operating profit percentage was at 0.5 % (EBIT: 2.3 mDKK), while net earnings were -1228 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1 %, which can be considered weak but Return on Equity (ROE) was -0.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 71.7 %, 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 2.6 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 277.55 | 206.96 | 198.66 | 271.49 | 457.59 |
Gross profit | 107.12 | 75.30 | 66.75 | 103.46 | 161.44 |
EBIT | 107.12 | 75.30 | 66.75 | -6.01 | 2.27 |
Net earnings | 10.61 | -13.23 | -18.54 | -7.68 | -1.23 |
Shareholders equity total | 262.00 | 218.76 | 200.22 | 192.55 | 191.32 |
Balance sheet total (assets) | 337.53 | 275.00 | 263.33 | 270.79 | 262.24 |
Net debt | -2.49 | -2.44 | |||
Profitability | |||||
EBIT-% | 38.6 % | 36.4 % | 33.6 % | -2.2 % | 0.5 % |
ROA | 32.5 % | 24.6 % | 24.8 % | -2.2 % | 1.0 % |
ROE | 4.1 % | -5.5 % | -8.8 % | -3.9 % | -0.6 % |
ROI | 32.5 % | 24.6 % | 24.8 % | -2.5 % | 1.4 % |
Economic value added (EVA) | 94.49 | 62.13 | 55.75 | -16.33 | -8.80 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 70.6 % | 71.7 % |
Gearing | 2.6 % | ||||
Relative net indebtedness % | 26.1 % | 15.0 % | |||
Liquidity | |||||
Quick ratio | 2.2 | 2.6 | |||
Current ratio | 2.2 | 2.6 | |||
Cash and cash equivalents | 7.44 | 2.44 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 53.3 | 36.3 | |||
Net working capital % | 23.0 % | 15.9 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AA | A |
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