POLAR BULL AS

1357 BEKKESTUA

Finances

Return on Equity

36,88 %

Current Ratio

5,73

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 623 000	3 015 000	3 269 000	1 703 000
Net Income	10 322 000	15 785 000	3 543 000	1 949 000
Total Assets	31 263 000	24 678 000	11 007 000	9 076 000
Total Equity	27 990 000	22 328 000	8 193 000	6 660 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 623 000	3 015 000	3 269 000	1 703 000
Expenditure	3 021 000	2 667 000	1 365 000	1 581 000
Operating Profit	1 602 000	348 000	1 904 000	122 000
Financial Income	5 937 000	15 958 000	2 169 000	2 570 000
Financial Costs	−4 125 000	38 000	87 000	736 000
Financial Balance	10 062 000	15 920 000	2 082 000	1 834 000
Earnings Before Tax	11 664 000	16 267 000	3 985 000	1 956 000
Tax	1 342 000	482 000	442 000	7 000
Net Income	10 322 000	15 785 000	3 543 000	1 949 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 502 000	10 087 000	4 957 000	1 730 000
Total Current Assets	18 761 000	14 591 000	6 050 000	7 346 000
Total Assets	31 263 000	24 678 000	11 007 000	9 076 000
Total Retained Equity	27 968 000	22 306 000	8 171 000	6 638 000
Total Equity	27 990 000	22 328 000	8 193 000	6 660 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 272 000	2 350 000	2 814 000	2 416 000
Total Equity and Debt	31 263 000	24 678 000	11 007 000	9 076 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 543 000	3 065 000	4 052 000	920 000
Other Income	80 000	−50 000	−783 000	783 000
Revenue	4 623 000	3 015 000	3 269 000	1 703 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 685 000	518 000	518 000	272 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 021 000	2 667 000	1 365 000	1 581 000
Operating Profit	1 602 000	348 000	1 904 000	122 000
Financial Income	5 937 000	15 958 000	2 169 000	2 570 000
Financial Costs	−4 125 000	38 000	87 000	736 000
Financial Balance	10 062 000	15 920 000	2 082 000	1 834 000
Dividends	4 660 000	1 650 000	2 010 000	1 500 000
Net Income	10 322 000	15 785 000	3 543 000	1 949 000

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	2 378 000	3 037 000	2 286 000	243 000
Total Tangible Assets	2 378 000	3 037 000	2 286 000	243 000
Total Fiancial Fixed Assets	10 124 000	7 051 000	2 671 000	1 487 000
Total Fixed Assets	12 502 000	10 087 000	4 957 000	1 730 000
Stock	0	0	0	0
Total Investments	5 076 000	8 193 000	8 000	0
Cash, Bank	13 665 000	4 705 000	365 000	1 697 000
Total Current Assets	18 761 000	14 591 000	6 050 000	7 346 000
Total Assets	31 263 000	24 678 000	11 007 000	9 076 000
Total Equity	27 990 000	22 328 000	8 193 000	6 660 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	68 000	15 000	19 000	62 000
Unpaid Taxes	152 000	75 000	7 000	5 000
Dividends	4 660 000	1 650 000	2 010 000	1 500 000
Other Current Debt	210 000	128 000	335 000	841 000
Total Current Debt	3 272 000	2 350 000	2 814 000	2 416 000
Total Equity and Debt	31 263 000	24 678 000	11 007 000	9 076 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,88 %	70,7 %	43,24 %	29,26 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	34,65 %	11,54 %	58,24 %	7,16 %
Current Ratio	5,73	6,21	2,15	3,04
Quick Ratio	5,73	6,21	2,15	3,04
Equity Ratio	0,9	0,9	0,74	0,73
Gross Profit Margin	100 %	100 %	100 %	100 %