POLAR EL A/S: Financial statements 2021
CVR: 12191219
Source: annual report 2021, Danish Business Authority
01/01/2021 – 31/12/2021
POLAR EL A/S (CVR 12191219) has filed annual accounts for 2021. In 2021, the company reported a gross profit of DKK 25,237,265 and a net result of DKK 9,614,897 compared with DKK 6,293,595 the year before. That is an increase of 7.3% compared with the year before. Equity in the 2021 report amounted to DKK 24,311,447. The solvency ratio was 74.4%. The company had 22 employees in the financial year.
- Gross Profit
- DKK 25,237,265
- Profit/Loss
- DKK 9,614,897
- Equity
- DKK 24,311,447
- Total Assets
- DKK 32,687,651
- Employees
- 22
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2021 | - | 25.2M | 9.6M | 24.3M | 22 |
| 2020 | - | 23.5M | 6.3M | 18.7M | 25 |
| 2019 | - | 22.9M | 6.6M | 17.4M | 21 |
Official annual report
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POLAR EL A/S has published its annual report for 2020. Gross profit came to DKK 23,518,557, and the net result was DKK 6,293,595.
As of March 17, 2021, Olav Haug Vikebakk has joined the board of directors of POLAR EL A/S.
As of March 17, 2021, Bjørn Bjåstad has left the board of directors of POLAR EL A/S.
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.