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POLAR EL A/S: Financial statements 2022

CVR: 12191219

Source: annual report 2022, Danish Business Authority

01/01/2022 – 31/12/2022

POLAR EL A/S (CVR 12191219) has filed annual accounts for 2022. In 2022, the company reported a gross profit of DKK 23,109,090 and a net result of DKK 6,907,476 compared with DKK 9,614,897 the year before. That is a decrease of 8.4% compared with the year before. Equity in the 2022 report amounted to DKK 24,218,926. The solvency ratio was 74.9%. The company had 22 employees in the financial year.

Gross Profit
DKK 23,109,090
Profit/Loss
DKK 6,907,476
Equity
DKK 24,218,926
Total Assets
DKK 32,356,196
Employees
22

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2022-23.1M6.9M24.2M22
2021-25.2M9.6M24.3M22
2020-23.5M6.3M18.7M25
2019-22.9M6.6M17.4M21

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Events in 2022

POLAR EL A/S: The 2021 annual report is outApr 27, 2022

POLAR EL A/S has published its annual report for 2021. Gross profit came to DKK 25,237,265, and the net result was DKK 9,614,897.

Olav Haug Vikebakk joins the board of POLAR EL A/SApr 26, 2022

As of April 26, 2022, Olav Haug Vikebakk has joined the board of directors of POLAR EL A/S.

Ann Magritt Bjåstad Vikebakk joins the board of POLAR EL A/SApr 26, 2022

As of April 26, 2022, Ann Magritt Bjåstad Vikebakk has joined the board of directors of POLAR EL A/S.

Torgeir Vattøy leaves the board of POLAR EL A/SApr 26, 2022

As of April 26, 2022, Torgeir Vattøy has left the board of directors of POLAR EL A/S.

Olav Haug Vikebakk leaves the board of POLAR EL A/SApr 25, 2022

As of April 25, 2022, Olav Haug Vikebakk 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.

Source: annual report 2025, Danish Business Authority

Other financial years