POLAR EL A/S — Credit Rating and Financial Key Figures

POLAR EL A/S (CVR number: 12191219) is a company from SERMERSOOQ. The company recorded a gross profit of 24.7 mDKK in 2023. The operating profit was 7664.5 kDKK, while net earnings were 7318.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.3 %, which can be considered excellent and Return on Equity (ROE) was 29.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74.6 %, 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. POLAR EL A/S's liquidity measured by quick ratio was 2.8 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.