P OLSEN TEKSTIL AS

4022 STAVANGER

Finances

Share Ownership

Return on Equity

25,56 %

Current Ratio

1,28

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	829 000	792 000	754 000	773 000
Net Income	500 000	496 000	497 000	498 000
Total Assets	2 715 000	2 365 000	2 581 000	2 233 000
Total Equity	1 956 000	1 756 000	1 740 000	1 664 000

Income (NOK)	2022	2021	2020	2019
Revenue	829 000	792 000	754 000	773 000
Expenditure	164 000	157 000	114 000	129 000
Operating Profit	665 000	636 000	640 000	644 000
Financial Income	0	0	0	0
Financial Costs	24 000	0	3 000	5 000
Financial Balance	−24 000	0	−3 000	−5 000
Earnings Before Tax	641 000	636 000	637 000	639 000
Tax	141 000	140 000	140 000	141 000
Net Income	500 000	496 000	497 000	498 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 876 000	1 916 000	1 996 000	2 054 000
Total Current Assets	839 000	449 000	586 000	179 000
Total Assets	2 715 000	2 365 000	2 581 000	2 233 000
Total Retained Equity	1 616 000	1 416 000	1 400 000	1 323 000
Total Equity	1 956 000	1 756 000	1 740 000	1 664 000
Total Long-Term Debt	105 000	101 000	103 000	99 000
Total Current Debt	653 000	508 000	738 000	470 000
Total Equity and Debt	2 715 000	2 365 000	2 581 000	2 233 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	829 000	792 000	754 000	773 000
Other Income	0	0	0	0
Revenue	829 000	792 000	754 000	773 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	40 000	80 000	58 000	65 000
Impairment	0	0	0	0
Expenditure	164 000	157 000	114 000	129 000
Operating Profit	665 000	636 000	640 000	644 000
Financial Income	0	0	0	0
Financial Costs	24 000	0	3 000	5 000
Financial Balance	−24 000	0	−3 000	−5 000
Dividends	300 000	150 000	420 000	150 000
Net Income	500 000	496 000	497 000	498 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 630 000	1 649 000	1 661 000	1 674 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	246 000	267 000	334 000	379 000
Total Tangible Assets	1 876 000	1 916 000	1 996 000	2 054 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 876 000	1 916 000	1 996 000	2 054 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	836 000	443 000	583 000	177 000
Total Current Assets	839 000	449 000	586 000	179 000
Total Assets	2 715 000	2 365 000	2 581 000	2 233 000
Total Equity	1 956 000	1 756 000	1 740 000	1 664 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	105 000	101 000	103 000	99 000
Creditors	0	0	0	0
Unpaid Taxes	184 000	185 000	181 000	184 000
Dividends	300 000	150 000	420 000	150 000
Other Current Debt	33 000	30 000	0	0
Total Current Debt	653 000	508 000	738 000	470 000
Total Equity and Debt	2 715 000	2 365 000	2 581 000	2 233 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,56 %	28,25 %	28,56 %	29,93 %
Debt-to-Equity Ratio	0,05	0,06	0,06	0,06
Operating Profit Margin	80,22 %	80,3 %	84,88 %	83,31 %
Current Ratio	1,28	0,88	0,79	0,38
Quick Ratio	1,28	0,88	0,79	0,38
Equity Ratio	0,72	0,74	0,67	0,75
Gross Profit Margin	100 %	100 %	100 %	100 %