POLARIS MEDIA SØR AS

4836 ARENDAL

Finances

Return on Equity

7 %

Current Ratio

0,68

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	33 563 000	0
Net Income	18 727 000	22 670 000	26 100 000	−11 000
Total Assets	410 212 000	411 704 000	334 128 000	71 736 000
Total Equity	267 357 000	263 630 000	254 535 000	71 705 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	33 563 000	0
Expenditure	4 557 000	4 109 000	119 000	25 000
Operating Profit	−4 557 000	−4 109 000	33 444 000	−25 000
Financial Income	30 251 000	33 894 000	18 000	10 000
Financial Costs	1 682 000	757 000	0	0
Financial Balance	28 569 000	33 137 000	18 000	10 000
Earnings Before Tax	24 012 000	29 028 000	33 462 000	−15 000
Tax	5 285 000	6 357 000	7 362 000	−3 000
Net Income	18 727 000	22 670 000	26 100 000	−11 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	319 969 000	322 067 000	304 515 000	71 101 000
Total Current Assets	90 243 000	89 637 000	29 613 000	636 000
Total Assets	410 212 000	411 704 000	334 128 000	71 736 000
Total Retained Equity	38 915 000	35 188 000	26 094 000	−7 000
Total Equity	267 357 000	263 630 000	254 535 000	71 705 000
Total Long-Term Debt	10 730 000	13 411 000	0	0
Total Current Debt	132 125 000	134 663 000	79 593 000	31 000
Total Equity and Debt	410 212 000	411 704 000	334 128 000	71 736 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	33 563 000	0
Revenue	0	0	33 563 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	2 325 000	580 000	0	0
Depreciation	−1 000	0	0	0
Impairment	0	0	0	0
Expenditure	4 557 000	4 109 000	119 000	25 000
Operating Profit	−4 557 000	−4 109 000	33 444 000	−25 000
Financial Income	30 251 000	33 894 000	18 000	10 000
Financial Costs	1 682 000	757 000	0	0
Financial Balance	28 569 000	33 137 000	18 000	10 000
Dividends	15 000 000	13 740 000	0	0
Net Income	18 727 000	22 670 000	26 100 000	−11 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	67 000	79 000	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	319 902 000	321 988 000	304 515 000	71 101 000
Total Fixed Assets	319 969 000	322 067 000	304 515 000	71 101 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	31 071 000	73 000	614 000
Total Current Assets	90 243 000	89 637 000	29 613 000	636 000
Total Assets	410 212 000	411 704 000	334 128 000	71 736 000
Total Equity	267 357 000	263 630 000	254 535 000	71 705 000
Short-Term Group Debt	107 697 000	111 897 000	0	0
Total Long-Term Debt	10 730 000	13 411 000	0	0
Creditors	468 000	363 000	0	31 000
Unpaid Taxes	0	0	0	0
Dividends	15 000 000	13 740 000	0	0
Other Current Debt	3 803 000	3 619 000	74 135 000	0
Total Current Debt	132 125 000	134 663 000	79 593 000	31 000
Total Equity and Debt	410 212 000	411 704 000	334 128 000	71 736 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7 %	8,6 %	10,25 %	−0,02 %
Debt-to-Equity Ratio	0,04	0,05	0	0
Operating Profit Margin	-	-	99,65 %	-
Current Ratio	0,68	0,67	0,37	20,52
Quick Ratio	0,68	0,67	0,37	20,52
Equity Ratio	0,65	0,64	0,76	1
Gross Profit Margin	-	-	100 %	-