GALLERI POLARIS AS

0250 OSLO

Finances

Share Ownership

Return on Equity

188,89 %

Current Ratio

0,54

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 046 000	1 126 000	1 045 000	0
Net Income	−204 000	133 000	68 000	−151 000
Total Assets	266 000	572 000	464 000	207 000
Total Equity	−108 000	75 000	−58 000	−126 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 046 000	1 126 000	1 045 000	0
Expenditure	2 230 000	971 000	980 000	149 000
Operating Profit	−183 000	155 000	66 000	−149 000
Financial Income	2 000	0	2 000	0
Financial Costs	1 000	0	0	1 000
Financial Balance	1 000	0	2 000	−1 000
Earnings Before Tax	−182 000	155 000	68 000	−151 000
Tax	22 000	22 000	0	0
Net Income	−204 000	133 000	68 000	−151 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	63 000	87 000	121 000	154 000
Total Current Assets	203 000	485 000	343 000	53 000
Total Assets	266 000	572 000	464 000	207 000
Total Retained Equity	−138 000	50 000	−83 000	−151 000
Total Equity	−108 000	75 000	−58 000	−126 000
Total Long-Term Debt	0	380 000	361 000	330 000
Total Current Debt	374 000	117 000	161 000	2 000
Total Equity and Debt	266 000	572 000	464 000	207 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 483 000	930 000	628 000	0
Other Income	563 000	196 000	417 000	0
Revenue	2 046 000	1 126 000	1 045 000	0
Cost of Goods Sold	1 627 000	778 000	654 000	14 000
Salary Costs	0	0	2 000	0
Depreciation	32 000	33 000	33 000	12 000
Impairment	0	0	0	0
Expenditure	2 230 000	971 000	980 000	149 000
Operating Profit	−183 000	155 000	66 000	−149 000
Financial Income	2 000	0	2 000	0
Financial Costs	1 000	0	0	1 000
Financial Balance	1 000	0	2 000	−1 000
Dividends	0	0	0	0
Net Income	−204 000	133 000	68 000	−151 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	7 000	11 000	14 000
Total Intangible Assets	4 000	7 000	11 000	14 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	7 000	0	0	0
Fixtures	43 000	80 000	110 000	140 000
Total Tangible Assets	50 000	80 000	110 000	140 000
Total Fiancial Fixed Assets	8 000	0	0	0
Total Fixed Assets	63 000	87 000	121 000	154 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	74 000	4 000	118 000	7 000
Total Current Assets	203 000	485 000	343 000	53 000
Total Assets	266 000	572 000	464 000	207 000
Total Equity	−108 000	75 000	−58 000	−126 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	380 000	361 000	330 000
Creditors	0	1 000	161 000	2 000
Unpaid Taxes	92 000	10 000	0	0
Dividends	0	0	0	0
Other Current Debt	281 000	84 000	0	0
Total Current Debt	374 000	117 000	161 000	2 000
Total Equity and Debt	266 000	572 000	464 000	207 000

Financial indicators	2022	2021	2020	2019
Return on Equity	188,89 %	177,33 %	−117,24 %	119,84 %
Debt-to-Equity Ratio	−0	5,07	−6,22	−2,62
Operating Profit Margin	−8,94 %	13,77 %	6,32 %	-
Current Ratio	0,54	4,15	2,13	26,5
Quick Ratio	0,54	4,15	2,13	26,5
Equity Ratio	−0,41	0,13	−0,13	−0,61
Gross Profit Margin	20,48 %	30,91 %	37,42 %	-