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 37 mDKK in 2024. The operating profit was -15.3 mDKK, while net earnings were -11.2 mDKK. 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 -5.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 86 %, 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 2.9 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 51 863.00 | 84 323.00 | 49 093.00 | 158 286.00 | 36 978.00 |
EBIT | 13 491.00 | 26 417.00 | -15 775.00 | 65 235.00 | -15 331.00 |
Net earnings | 9 797.00 | 19 363.00 | -11 823.00 | 50 264.00 | -11 216.00 |
Shareholders equity total | 137 076.00 | 156 439.00 | 144 613.00 | 194 877.00 | 183 661.00 |
Balance sheet total (assets) | 169 107.00 | 207 957.00 | 236 170.00 | 237 757.00 | 213 590.00 |
Net debt | -6 914.00 | -3 873.00 | -7 168.00 | -51 084.00 | -10 320.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 8.3 % | 14.0 % | -7.1 % | 27.8 % | -6.6 % |
ROE | 7.4 % | 13.2 % | -7.9 % | 29.6 % | -5.9 % |
ROI | 8.7 % | 15.5 % | -9.2 % | 35.1 % | -7.2 % |
Economic value added (EVA) | 2 404.31 | 11 325.17 | -20 618.46 | 41 495.95 | -22 188.57 |
Solvency | |||||
Equity ratio | 81.1 % | 75.2 % | 61.2 % | 82.0 % | 86.0 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 8.8 | 1.8 | 0.9 | 2.7 | 2.9 |
Current ratio | 9.0 | 1.9 | 1.0 | 3.0 | 3.3 |
Cash and cash equivalents | 6 914.00 | 3 873.00 | 7 168.00 | 51 084.00 | 10 320.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | A | A |
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