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

CVR number: 14551794
Imaneq 24, 3900 Nuuk

Company information

Official name
POLAR PELAGIC A/S
Established
1990
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit51 863.0084 323.0049 093.00158 286.0036 978.00
EBIT13 491.0026 417.00-15 775.0065 235.00-15 331.00
Net earnings9 797.0019 363.00-11 823.0050 264.00-11 216.00
Shareholders equity total137 076.00156 439.00144 613.00194 877.00183 661.00
Balance sheet total (assets)169 107.00207 957.00236 170.00237 757.00213 590.00
Net debt-6 914.00-3 873.00-7 168.00-51 084.00-10 320.00
Profitability
EBIT-%
ROA8.3 %14.0 %-7.1 %27.8 %-6.6 %
ROE7.4 %13.2 %-7.9 %29.6 %-5.9 %
ROI8.7 %15.5 %-9.2 %35.1 %-7.2 %
Economic value added (EVA)2 404.3111 325.17-20 618.4641 495.95-22 188.57
Solvency
Equity ratio81.1 %75.2 %61.2 %82.0 %86.0 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio8.81.80.92.72.9
Current ratio9.01.91.03.03.3
Cash and cash equivalents6 914.003 873.007 168.0051 084.0010 320.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:-6.56%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:86.0%
Rating: 66/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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