POLAR PELAGIC A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 48 634.00 | 51 863.00 | 84 323.00 | 49 093.00 | 158 286.00 |
EBIT | 7 746.00 | 13 491.00 | 26 417.00 | -15 775.00 | 65 235.00 |
Net earnings | 9 715.00 | 9 797.00 | 19 363.00 | -11 823.00 | 50 264.00 |
Shareholders equity total | 127 279.00 | 137 076.00 | 156 439.00 | 144 613.00 | 194 877.00 |
Balance sheet total (assets) | 156 328.00 | 169 107.00 | 207 957.00 | 236 170.00 | 237 757.00 |
Net debt | -3 025.00 | -6 914.00 | -3 873.00 | -7 168.00 | -51 084.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.0 % | 8.3 % | 14.0 % | -7.1 % | 27.8 % |
ROE | 7.9 % | 7.4 % | 13.2 % | -7.9 % | 29.6 % |
ROI | 5.3 % | 8.7 % | 15.5 % | -9.2 % | 35.1 % |
Economic value added (EVA) | 3 897.80 | 3 671.56 | 12 875.28 | -19 260.86 | 42 804.91 |
Solvency | |||||
Equity ratio | 81.4 % | 81.1 % | 75.2 % | 61.2 % | 82.0 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 6.9 | 8.8 | 1.8 | 0.9 | 2.7 |
Current ratio | 7.2 | 9.0 | 1.9 | 1.0 | 3.0 |
Cash and cash equivalents | 3 025.00 | 6 914.00 | 3 873.00 | 7 168.00 | 51 084.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AAA | AAA | AAA | A | AAA |
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