Polar VVS & EL ApS: Financial statements 2020
CVR: 38803697
Source: annual report 2020, Danish Business Authority
01/07/2019 – 30/06/2020
Polar VVS & EL ApS (CVR 38803697) has filed annual accounts for 2020. In 2020, the company reported a gross profit of DKK 1,086,700 and a net result of DKK 283,467 compared with DKK 161,152 the year before. That is an increase of 77.7% compared with the year before. Equity in the 2020 report amounted to DKK 364,774. The solvency ratio was 35%.
- Gross Profit
- DKK 1,086,700
- Profit/Loss
- DKK 283,467
- Equity
- DKK 364,774
- Total Assets
- DKK 1,042,751
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | - | 1.1 mio. | 283 t. | 365 t. | - |
| 2019 | - | 612 t. | 161 t. | 81 t. | - |
| 2018 | - | -115 t. | -154 t. | -104 t. | - |
Official annual report
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As of August 5, 2020, Annette Wagner Azizi is registered as director of Polar VVS & EL ApS.
As of August 5, 2020, Kamal Azizi has stepped down as director of Polar VVS & EL ApS.
About Polar VVS & EL ApS
Polar VVS & EL ApS is a Danish company of the type Anpartsselskab based in Rødovre, founded in 2017. The company is registered under the industry Installation af vvs-, varme- og klimaanlæg. The company was previously named Polar VVS ApS. The management consists of Kamal Azizi. The company is owned by Polar-Holding ApS. The company has 1 employee (2024). In 2025, the company reported a gross profit of DKK 2,198,375 and a net result of DKK -182,004 compared with DKK 627,315 the year before. Equity in the 2025 report amounted to DKK -1,349,002.