POLAR-GRUPPEN AS

3221 SANDEFJORD

Finances

Return on Equity

2,36 %

Current Ratio

0,2

Debt-to-Equity Ratio

1,83

Key figures (NOK)	2021	2020	2019	2018
Revenue	0	0	0	0
Net Income	131 000	416 000	2 283 000	−513 000
Total Assets	24 683 000	22 529 000	22 232 000	18 547 000
Total Equity	5 542 000	5 411 000	4 995 000	2 713 000

Income (NOK)	2021	2020	2019	2018
Revenue	0	0	0	0
Expenditure	563 000	185 000	57 000	132 000
Operating Profit	−563 000	−185 000	−57 000	−132 000
Financial Income	0	600 000	2 668 000	5 000
Financial Costs	−142 000	−1 000	328 000	385 000
Financial Balance	142 000	601 000	2 340 000	−380 000
Earnings Before Tax	−420 000	416 000	2 283 000	−513 000
Tax	−552 000	0	0	0
Net Income	131 000	416 000	2 283 000	−513 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	22 918 000	21 830 000	20 910 000	17 024 000
Total Current Assets	1 764 000	699 000	1 322 000	1 523 000
Total Assets	24 683 000	22 529 000	22 232 000	18 547 000
Total Retained Equity	542 000	411 000	−5 000	−2 287 000
Total Equity	5 542 000	5 411 000	4 995 000	2 713 000
Total Long-Term Debt	10 137 000	15 837 000	16 794 000	13 760 000
Total Current Debt	9 004 000	1 282 000	443 000	2 074 000
Total Equity and Debt	24 683 000	22 529 000	22 232 000	18 547 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	563 000	185 000	57 000	132 000
Operating Profit	−563 000	−185 000	−57 000	−132 000
Financial Income	0	600 000	2 668 000	5 000
Financial Costs	−142 000	−1 000	328 000	385 000
Financial Balance	142 000	601 000	2 340 000	−380 000
Dividends	0	0	0	0
Net Income	131 000	416 000	2 283 000	−513 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	552 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	22 367 000	21 830 000	20 910 000	17 024 000
Total Fixed Assets	22 918 000	21 830 000	20 910 000	17 024 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 000	6 000	2 000	2 000
Total Current Assets	1 764 000	699 000	1 322 000	1 523 000
Total Assets	24 683 000	22 529 000	22 232 000	18 547 000
Total Equity	5 542 000	5 411 000	4 995 000	2 713 000
Short-Term Group Debt	8 093 000	0	0	0
Total Long-Term Debt	10 137 000	15 837 000	16 794 000	13 760 000
Creditors	4 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	906 000	1 282 000	443 000	2 074 000
Total Current Debt	9 004 000	1 282 000	443 000	2 074 000
Total Equity and Debt	24 683 000	22 529 000	22 232 000	18 547 000

Financial indicators	2021	2020	2019	2018
Return on Equity	2,36 %	7,69 %	45,71 %	−18,91 %
Debt-to-Equity Ratio	1,83	2,93	3,36	5,07
Operating Profit Margin	-	-	-	-
Current Ratio	0,2	0,55	2,98	0,73
Quick Ratio	0,2	0,55	2,98	0,73
Equity Ratio	0,22	0,24	0,22	0,15
Gross Profit Margin	-	-	-	-