POLAR-MEDICA AS

3718 SKIEN

Finances

Share Ownership

Return on Equity

18,07 %

Current Ratio

10,96

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	215 000	204 000	212 000	249 000
Net Income	90 000	52 000	26 000	93 000
Total Assets	548 000	450 000	395 000	370 000
Total Equity	498 000	407 000	355 000	329 000

Income (NOK)	2022	2021	2020	2019
Revenue	215 000	204 000	212 000	249 000
Expenditure	99 000	137 000	107 000	130 000
Operating Profit	116 000	67 000	104 000	119 000
Financial Income	0	0	0	0
Financial Costs	0	0	56 000	0
Financial Balance	0	0	−56 000	0
Earnings Before Tax	116 000	67 000	49 000	119 000
Tax	26 000	15 000	23 000	26 000
Net Income	90 000	52 000	26 000	93 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	548 000	450 000	395 000	370 000
Total Assets	548 000	450 000	395 000	370 000
Total Retained Equity	468 000	377 000	325 000	299 000
Total Equity	498 000	407 000	355 000	329 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	50 000	43 000	40 000	40 000
Total Equity and Debt	548 000	450 000	395 000	370 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	215 000	204 000	212 000	249 000
Other Income	0	0	0	0
Revenue	215 000	204 000	212 000	249 000
Cost of Goods Sold	0	0	0	0
Salary Costs	40 000	60 000	55 000	57 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	99 000	137 000	107 000	130 000
Operating Profit	116 000	67 000	104 000	119 000
Financial Income	0	0	0	0
Financial Costs	0	0	56 000	0
Financial Balance	0	0	−56 000	0
Dividends	0	0	0	0
Net Income	90 000	52 000	26 000	93 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	498 000	423 000	353 000	348 000
Total Current Assets	548 000	450 000	395 000	370 000
Total Assets	548 000	450 000	395 000	370 000
Total Equity	498 000	407 000	355 000	329 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	10 000	19 000	0	0
Unpaid Taxes	14 000	9 000	16 000	14 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	50 000	43 000	40 000	40 000
Total Equity and Debt	548 000	450 000	395 000	370 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,07 %	12,78 %	7,32 %	28,27 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	53,95 %	32,84 %	49,06 %	47,79 %
Current Ratio	10,96	10,47	9,88	9,25
Quick Ratio	10,96	10,47	9,88	9,25
Equity Ratio	0,91	0,9	0,9	0,89
Gross Profit Margin	100 %	100 %	100 %	100 %