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

CVR number: 14551794
Imaneq 24, 3900 Nuuk

Credit rating

Company information

Official name
POLAR PELAGIC A/S
Established
1990
Company form
Limited company
Industry
  • Expand more icon03Fishing and aquaculture

About POLAR PELAGIC A/S

POLAR PELAGIC A/S (CVR number: 14551794) is a company from SERMERSOOQ. The company recorded a gross profit of 158.3 mDKK in 2023. The operating profit was 65.2 mDKK, while net earnings were 50.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 27.8 %, which can be considered excellent and Return on Equity (ROE) was 29.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 82 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. POLAR PELAGIC A/S's liquidity measured by quick ratio was 2.7 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 profit48 634.0051 863.0084 323.0049 093.00158 286.00
EBIT7 746.0013 491.0026 417.00-15 775.0065 235.00
Net earnings9 715.009 797.0019 363.00-11 823.0050 264.00
Shareholders equity total127 279.00137 076.00156 439.00144 613.00194 877.00
Balance sheet total (assets)156 328.00169 107.00207 957.00236 170.00237 757.00
Net debt-3 025.00-6 914.00-3 873.00-7 168.00-51 084.00
Profitability
EBIT-%
ROA5.0 %8.3 %14.0 %-7.1 %27.8 %
ROE7.9 %7.4 %13.2 %-7.9 %29.6 %
ROI5.3 %8.7 %15.5 %-9.2 %35.1 %
Economic value added (EVA)3 897.803 671.5612 875.28-19 260.8642 804.91
Solvency
Equity ratio81.4 %81.1 %75.2 %61.2 %82.0 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio6.98.81.80.92.7
Current ratio7.29.01.91.03.0
Cash and cash equivalents3 025.006 914.003 873.007 168.0051 084.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAAA

Variable visualization

ROA:27.8%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:82.0%
Rating: 61/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

Companies in the same industry

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