MARY-ANNS POLARRIGG AS

9170 LONGYEARBYEN

Finances

Share Ownership

Return on Equity

62,1 %

Current Ratio

2,25

Debt-to-Equity Ratio

0,58

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 329 000	13 754 000	7 868 000	16 475 000
Net Income	3 833 000	−524 000	−2 459 000	53 000
Total Assets	13 013 000	7 717 000	8 224 000	12 313 000
Total Equity	6 172 000	2 339 000	2 863 000	5 321 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 329 000	13 754 000	7 868 000	16 475 000
Expenditure	19 856 000	14 086 000	10 606 000	16 015 000
Operating Profit	5 473 000	−332 000	−2 738 000	460 000
Financial Income	0	0	0	2 000
Financial Costs	902 000	292 000	190 000	346 000
Financial Balance	−902 000	−292 000	−190 000	−344 000
Earnings Before Tax	4 572 000	−624 000	−2 927 000	117 000
Tax	738 000	−100 000	−468 000	64 000
Net Income	3 833 000	−524 000	−2 459 000	53 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 606 000	6 059 000	7 261 000	8 111 000
Total Current Assets	7 408 000	1 658 000	963 000	4 203 000
Total Assets	13 013 000	7 717 000	8 224 000	12 313 000
Total Retained Equity	6 072 000	2 239 000	2 763 000	5 221 000
Total Equity	6 172 000	2 339 000	2 863 000	5 321 000
Total Long-Term Debt	3 551 000	3 769 000	4 226 000	4 985 000
Total Current Debt	3 290 000	1 609 000	1 135 000	2 007 000
Total Equity and Debt	13 013 000	7 717 000	8 224 000	12 313 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 019 000	10 870 000	6 628 000	16 315 000
Other Income	1 311 000	2 884 000	1 240 000	161 000
Revenue	25 329 000	13 754 000	7 868 000	16 475 000
Cost of Goods Sold	4 242 000	2 898 000	2 300 000	4 186 000
Salary Costs	8 254 000	6 128 000	3 561 000	6 709 000
Depreciation	861 000	920 000	910 000	914 000
Impairment	0	0	0	0
Expenditure	19 856 000	14 086 000	10 606 000	16 015 000
Operating Profit	5 473 000	−332 000	−2 738 000	460 000
Financial Income	0	0	0	2 000
Financial Costs	902 000	292 000	190 000	346 000
Financial Balance	−902 000	−292 000	−190 000	−344 000
Dividends	0	0	0	4 000 000
Net Income	3 833 000	−524 000	−2 459 000	53 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	319 000	294 000	687 000	219 000
Real Eastate	4 756 000	5 150 000	5 786 000	7 143 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	419 000	470 000	609 000	538 000
Total Tangible Assets	5 286 000	5 765 000	6 573 000	7 891 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 606 000	6 059 000	7 261 000	8 111 000
Stock	810 000	146 000	78 000	128 000
Total Investments	0	0	0	0
Cash, Bank	6 212 000	995 000	313 000	3 776 000
Total Current Assets	7 408 000	1 658 000	963 000	4 203 000
Total Assets	13 013 000	7 717 000	8 224 000	12 313 000
Total Equity	6 172 000	2 339 000	2 863 000	5 321 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 551 000	3 769 000	4 226 000	4 985 000
Creditors	773 000	838 000	569 000	821 000
Unpaid Taxes	203 000	185 000	81 000	274 000
Dividends	0	0	0	4 000 000
Other Current Debt	1 550 000	586 000	485 000	792 000
Total Current Debt	3 290 000	1 609 000	1 135 000	2 007 000
Total Equity and Debt	13 013 000	7 717 000	8 224 000	12 313 000

Financial indicators	2022	2021	2020	2019
Return on Equity	62,1 %	−22,4 %	−85,89 %	1 %
Debt-to-Equity Ratio	0,58	1,61	1,48	0,94
Operating Profit Margin	21,61 %	−2,41 %	−34,8 %	2,79 %
Current Ratio	2,25	1,03	0,85	2,09
Quick Ratio	2,99	1,13	0,91	2,24
Equity Ratio	0,47	0,3	0,35	0,43
Gross Profit Margin	83,25 %	78,93 %	70,77 %	74,59 %