POLAR-FROST INTERNATIONAL ApS

CVR number: 67416015
Lykkegårdsvej 1, Gjøl 9440 Aabybro
tel: 98277288

Credit rating

Company information

Official name
POLAR-FROST INTERNATIONAL ApS
Personnel
1 person
Established
1981
Domicile
Gjøl
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About POLAR-FROST INTERNATIONAL ApS

POLAR-FROST INTERNATIONAL ApS (CVR number: 67416015) is a company from JAMMERBUGT. The company recorded a gross profit of -67.8 kDKK in 2022. The operating profit was -70 kDKK, while net earnings were -70.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.6 %, which can be considered poor and Return on Equity (ROE) was -35.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -84 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. POLAR-FROST INTERNATIONAL ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20182019202020212022
Volume
Net sales
Gross profit-64.31-84.02194.12-81.21-67.82
EBIT-77.12-96.83173.48-83.42-70.03
Net earnings-77.12-97.45173.39-83.84-70.11
Shareholders equity total- 825.17- 922.62- 749.23- 833.06- 903.18
Balance sheet total (assets)512.47508.02291.62223.99171.45
Net debt1 331.081 417.58823.25906.24971.37
Profitability
EBIT-%
ROA-5.9 %-7.0 %14.0 %-8.0 %-6.6 %
ROE-14.8 %-19.1 %43.4 %-32.5 %-35.5 %
ROI-5.9 %-7.0 %14.1 %-8.0 %-6.6 %
Economic value added (EVA)-39.25-55.36220.07-35.27-21.02
Solvency
Equity ratio-61.7 %-64.5 %-72.0 %-78.8 %-84.0 %
Gearing-161.3 %-154.1 %-137.8 %-125.9 %-118.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.20.10.1
Current ratio0.00.00.20.10.1
Cash and cash equivalents0.064.56209.11142.3194.76
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:-6.57%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-84.0%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

Build time: 2024-10-21T13:51:17.439Z

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.