POLAR EL A/S: Financial statements 2020
CVR: 12191219
Source: annual report 2020, Danish Business Authority
01/01/2020 – 31/12/2020
POLAR EL A/S (CVR 12191219) has filed annual accounts for 2020. In 2020, the company reported a gross profit of DKK 23,518,557 and a net result of DKK 6,293,595 compared with DKK 6,608,654 the year before. That is an increase of 2.8% compared with the year before. Equity in the 2020 report amounted to DKK 18,696,550. The solvency ratio was 70%. The company had 25 employees in the financial year.
- Gross Profit
- DKK 23,518,557
- Profit/Loss
- DKK 6,293,595
- Equity
- DKK 18,696,550
- Total Assets
- DKK 26,717,020
- Employees
- 25
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | - | 23.5M | 6.3M | 18.7M | 25 |
| 2019 | - | 22.9M | 6.6M | 17.4M | 21 |
Official annual report
How creditworthy is POLAR EL A/S?
See the CDS score and get a full credit report with recommended credit limit and payment terms.
Read about the CDS scoreEvents in 2020
POLAR EL A/S has published its annual report for 2019. Gross profit came to DKK 22,886,854, and the net result was DKK 6,608,654.
About POLAR EL A/S
POLAR EL A/S is a Danish company of the type Aktieselskab based in Nuussuaq, founded in 2004. The company is registered under the industry El-installation. The company was previously named POLAR EL ApS and GRAM EL-MONTAGE ApS. The management consists of Jacob Heidenheim Baadstorp and Jens Christian Kragh Larsen. The board consists of Olav Haug Vikebakk (chair), Ann Magritt Bjåstad Vikebakk, Jacob Heidenheim Baadstorp and Jens Christian Kragh Larsen. The company is owned by Jens Christian Kragh Larsen, Jacob Heidenheim Baadstorp and Hareid Elektriske AS. According to the 2025 annual report, the company had an average of 28 employees. In 2025, the company reported a gross profit of DKK 27,335,884 and a net result of DKK 3,974,336 compared with DKK 5,849,193 the year before. Equity in the 2025 report amounted to DKK 24,081,335.