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POLAR EL A/S: Financial statements 2023

CVR: 12191219

Source: annual report 2023, Danish Business Authority

01/01/2023 – 31/12/2023

POLAR EL A/S (CVR 12191219) has filed annual accounts for 2023. In 2023, the company reported a gross profit of DKK 24,701,857 and a net result of DKK 7,318,881 compared with DKK 6,907,476 the year before. That is an increase of 6.9% compared with the year before. Equity in the 2023 report amounted to DKK 25,537,806. The solvency ratio was 74.6%. The company had 22 employees in the financial year.

Gross Profit
DKK 24,701,857
Profit/Loss
DKK 7,318,881
Equity
DKK 25,537,806
Total Assets
DKK 34,236,481
Employees
22

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2023-24.7M7.3M25.5M22
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 2023

POLAR EL A/S: The 2022 annual report is outApr 24, 2023

POLAR EL A/S has published its annual report for 2022. Gross profit came to DKK 23,109,090, and the net result was DKK 6,907,476.

POLAR EL A/S appoints new auditorJan 2, 2023

As of January 2, 2023, A/S PSE 17 NR. 1056 has been appointed auditor of POLAR EL A/S.

Auditor steps down at POLAR EL A/SJan 2, 2023

As of January 2, 2023, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor 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