POLAR ELECTRO DANMARK ApS — Credit Rating and Financial Key Figures

CVR number: 25768388
Skovlytoften 26 A, 2840 Holte
service.danmark@polar.com
tel: 45410530

Credit rating

Company information

Official name
POLAR ELECTRO DANMARK ApS
Established
2000
Company form
Private limited company
Industry

About POLAR ELECTRO DANMARK ApS

POLAR ELECTRO DANMARK ApS (CVR number: 25768388) is a company from RUDERSDAL. The company recorded a gross profit of 1943 kDKK in 2017. The operating profit was 242.4 kDKK, while net earnings were -415.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak but Return on Equity (ROE) was -8.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -40.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. POLAR ELECTRO DANMARK ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
Volume
Net sales
Gross profit2 013.941 942.99
EBIT320.43242.41
Net earnings291.09- 415.13
Shareholders equity total-1 412.04-1 827.18
Balance sheet total (assets)7 202.952 733.14
Net debt4 316.023 074.22
Profitability
EBIT-%
ROA3.7 %3.7 %
ROE4.0 %-8.4 %
ROI5.9 %5.3 %
Economic value added (EVA)320.43300.66
Solvency
Equity ratio-16.4 %-40.1 %
Gearing-386.8 %-207.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.5
Current ratio0.80.6
Cash and cash equivalents1 146.26713.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:3.71%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-40.1%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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