POLARIS GEMS ApS — Credit Rating and Financial Key Figures

CVR number: 35037241
Østbanegade 123, 2100 København Ø
sdg@dalbydiamonds.com
tel: 71727274

Credit rating

Company information

Official name
POLARIS GEMS ApS
Established
2013
Company form
Private limited company
Industry

About POLARIS GEMS ApS

POLARIS GEMS ApS (CVR number: 35037241) is a company from KØBENHAVN. The company recorded a gross profit of -7.3 kDKK in 2023. The operating profit was -7.3 kDKK, while net earnings were 482.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 38.9 %, which can be considered excellent and Return on Equity (ROE) was 111.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 32.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. POLARIS GEMS ApS's liquidity measured by quick ratio was 1.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-5.85-6.13-6.03-6.88-7.25
EBIT-5.85-6.13-6.03-6.88-7.25
Net earnings-12.10-11.87-13.48-15.47482.63
Shareholders equity total263.43251.56238.08222.60646.33
Balance sheet total (assets)583.82583.84583.12582.432 016.51
Net debt314.06325.81338.99352.19- 149.46
Profitability
EBIT-%
ROA-0.7 %-0.7 %-0.6 %-0.8 %38.9 %
ROE-4.5 %-4.6 %-5.5 %-6.7 %111.1 %
ROI-0.7 %-0.7 %-0.6 %-0.8 %39.1 %
Economic value added (EVA)6.917.147.647.507.86
Solvency
Equity ratio45.1 %43.1 %40.8 %38.2 %32.1 %
Gearing119.4 %129.5 %142.4 %158.5 %210.9 %
Relative net indebtedness %
Liquidity
Quick ratio14.613.013.811.71.6
Current ratio14.613.013.811.71.6
Cash and cash equivalents0.590.040.040.591 512.58
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:38.9%
Rating: 88/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.1%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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