POPOLARE AS

0560 OSLO

Finances

Share Ownership

Return on Equity

25,7 %

Current Ratio

1,58

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	55 562 000	44 906 000	60 222 000	58 101 000
Net Income	7 086 000	4 611 000	7 232 000	7 227 000
Total Assets	44 443 000	30 178 000	29 928 000	27 924 000
Total Equity	27 570 000	1 568 000	1 676 000	1 700 000

Income (NOK)	2021	2020	2019	2018
Revenue	55 562 000	44 906 000	60 222 000	58 101 000
Expenditure	46 480 000	39 001 000	50 485 000	48 157 000
Operating Profit	9 081 000	5 905 000	9 736 000	9 944 000
Financial Income	3 000	9 000	3 000	8 000
Financial Costs	0	3 000	466 000	553 000
Financial Balance	3 000	6 000	−463 000	−545 000
Earnings Before Tax	9 084 000	5 911 000	9 272 000	9 399 000
Tax	1 999 000	1 300 000	2 040 000	2 172 000
Net Income	7 086 000	4 611 000	7 232 000	7 227 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	17 798 000	17 821 000	16 122 000	16 162 000
Total Current Assets	26 645 000	12 357 000	13 806 000	11 761 000
Total Assets	44 443 000	30 178 000	29 928 000	27 924 000
Total Retained Equity	1 011 000	1 101 000	1 209 000	1 233 000
Total Equity	27 570 000	1 568 000	1 676 000	1 700 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	16 873 000	28 609 000	28 253 000	26 223 000
Total Equity and Debt	44 443 000	30 178 000	29 928 000	27 924 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	51 398 000	43 027 000	60 222 000	58 074 000
Other Income	4 164 000	1 879 000	0	27 000
Revenue	55 562 000	44 906 000	60 222 000	58 101 000
Cost of Goods Sold	17 217 000	14 634 000	19 558 000	19 555 000
Salary Costs	17 624 000	14 825 000	20 369 000	19 005 000
Depreciation	2 226 000	1 880 000	1 809 000	1 404 000
Impairment	0	0	0	0
Expenditure	46 480 000	39 001 000	50 485 000	48 157 000
Operating Profit	9 081 000	5 905 000	9 736 000	9 944 000
Financial Income	3 000	9 000	3 000	8 000
Financial Costs	0	3 000	466 000	553 000
Financial Balance	3 000	6 000	−463 000	−545 000
Dividends	0	0	0	0
Net Income	7 086 000	4 611 000	7 232 000	7 227 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	278 000	253 000	223 000	216 000
Real Eastate	15 118 000	13 211 000	14 053 000	14 273 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 401 000	4 357 000	1 846 000	1 674 000
Total Tangible Assets	17 520 000	17 568 000	15 899 000	15 947 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	17 798 000	17 821 000	16 122 000	16 162 000
Stock	3 851 000	3 678 000	3 872 000	3 639 000
Total Investments	0	0	0	0
Cash, Bank	20 413 000	7 201 000	7 653 000	7 216 000
Total Current Assets	26 645 000	12 357 000	13 806 000	11 761 000
Total Assets	44 443 000	30 178 000	29 928 000	27 924 000
Total Equity	27 570 000	1 568 000	1 676 000	1 700 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	607 000	304 000	1 037 000	3 228 000
Unpaid Taxes	3 474 000	855 000	2 884 000	2 021 000
Dividends	0	0	0	0
Other Current Debt	4 093 000	1 359 000	3 563 000	3 226 000
Total Current Debt	16 873 000	28 609 000	28 253 000	26 223 000
Total Equity and Debt	44 443 000	30 178 000	29 928 000	27 924 000

Financial indicators	2021	2020	2019	2018
Return on Equity	25,7 %	294,07 %	431,5 %	425,12 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	16,34 %	13,15 %	16,17 %	17,12 %
Current Ratio	1,58	0,43	0,49	0,45
Quick Ratio	2,05	0,5	0,57	0,52
Equity Ratio	0,62	0,05	0,06	0,06
Gross Profit Margin	69,01 %	67,41 %	67,52 %	66,34 %