POLARPLAST AS

8140 INNDYR

Finances

Return on Equity

46,17 %

Current Ratio

1,63

Debt-to-Equity Ratio

0,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	69 422 000	49 430 000	35 135 000	36 348 000
Net Income	4 414 000	582 000	652 000	783 000
Total Assets	19 694 000	17 904 000	13 793 000	9 498 000
Total Equity	9 560 000	5 146 000	4 565 000	3 913 000

Income (NOK)	2022	2021	2020	2019
Revenue	69 422 000	49 430 000	35 135 000	36 348 000
Expenditure	63 889 000	48 628 000	34 241 000	35 280 000
Operating Profit	5 844 000	801 000	894 000	1 069 000
Financial Income	104 000	54 000	56 000	35 000
Financial Costs	236 000	101 000	105 000	94 000
Financial Balance	−132 000	−47 000	−49 000	−59 000
Earnings Before Tax	5 711 000	754 000	844 000	1 009 000
Tax	1 297 000	172 000	193 000	226 000
Net Income	4 414 000	582 000	652 000	783 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 277 000	5 057 000	4 166 000	3 849 000
Total Current Assets	14 417 000	12 847 000	9 627 000	5 649 000
Total Assets	19 694 000	17 904 000	13 793 000	9 498 000
Total Retained Equity	9 363 000	4 949 000	4 368 000	3 716 000
Total Equity	9 560 000	5 146 000	4 565 000	3 913 000
Total Long-Term Debt	1 313 000	1 915 000	1 817 000	1 790 000
Total Current Debt	8 821 000	10 843 000	7 412 000	3 795 000
Total Equity and Debt	19 694 000	17 904 000	13 793 000	9 498 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	68 877 000	49 542 000	35 479 000	35 581 000
Other Income	544 000	−112 000	−343 000	767 000
Revenue	69 422 000	49 430 000	35 135 000	36 348 000
Cost of Goods Sold	32 096 000	24 913 000	15 979 000	14 761 000
Salary Costs	18 727 000	15 002 000	13 114 000	12 861 000
Depreciation	866 000	759 000	631 000	750 000
Impairment	560 000	0	0	0
Expenditure	63 889 000	48 628 000	34 241 000	35 280 000
Operating Profit	5 844 000	801 000	894 000	1 069 000
Financial Income	104 000	54 000	56 000	35 000
Financial Costs	236 000	101 000	105 000	94 000
Financial Balance	−132 000	−47 000	−49 000	−59 000
Dividends	0	0	0	0
Net Income	4 414 000	582 000	652 000	783 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	643 000	1 203 000	1 187 000	805 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 750 000	1 237 000	708 000	912 000
Fixtures	1 936 000	1 527 000	1 182 000	1 041 000
Total Tangible Assets	3 686 000	2 764 000	1 889 000	1 953 000
Total Fiancial Fixed Assets	948 000	1 090 000	1 090 000	1 090 000
Total Fixed Assets	5 277 000	5 057 000	4 166 000	3 849 000
Stock	2 000 000	1 688 000	1 391 000	1 433 000
Total Investments	0	0	0	0
Cash, Bank	6 370 000	3 051 000	724 000	589 000
Total Current Assets	14 417 000	12 847 000	9 627 000	5 649 000
Total Assets	19 694 000	17 904 000	13 793 000	9 498 000
Total Equity	9 560 000	5 146 000	4 565 000	3 913 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 313 000	1 915 000	1 817 000	1 790 000
Creditors	3 065 000	5 991 000	2 788 000	1 052 000
Unpaid Taxes	1 678 000	1 218 000	1 819 000	729 000
Dividends	0	0	0	0
Other Current Debt	2 763 000	3 504 000	2 239 000	1 761 000
Total Current Debt	8 821 000	10 843 000	7 412 000	3 795 000
Total Equity and Debt	19 694 000	17 904 000	13 793 000	9 498 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,17 %	11,31 %	14,28 %	20,01 %
Debt-to-Equity Ratio	0,14	0,37	0,4	0,46
Operating Profit Margin	8,42 %	1,62 %	2,54 %	2,94 %
Current Ratio	1,63	1,18	1,3	1,49
Quick Ratio	2,11	1,4	1,6	2,39
Equity Ratio	0,49	0,29	0,33	0,41
Gross Profit Margin	53,77 %	49,6 %	54,52 %	59,39 %