POLARBYGG AS

8410 LØDINGEN

Finances

Share Ownership

Return on Equity

−65,28 %

Current Ratio

0,05

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	404 000	125 000	99 000	114 000
Net Income	47 000	6 000	−5 000	−46 000
Total Assets	266 000	318 000	162 000	180 000
Total Equity	−72 000	−119 000	−125 000	−119 000

Income (NOK)	2022	2021	2020	2019
Revenue	404 000	125 000	99 000	114 000
Expenditure	343 000	117 000	106 000	173 000
Operating Profit	60 000	8 000	−7 000	−59 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	60 000	8 000	−7 000	−59 000
Tax	13 000	2 000	−2 000	−13 000
Net Income	47 000	6 000	−5 000	−46 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	248 000	275 000	107 000	130 000
Total Current Assets	18 000	43 000	55 000	50 000
Total Assets	266 000	318 000	162 000	180 000
Total Retained Equity	−102 000	−149 000	−155 000	−149 000
Total Equity	−72 000	−119 000	−125 000	−119 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	338 000	437 000	287 000	299 000
Total Equity and Debt	266 000	318 000	162 000	180 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	404 000	0	4 000	114 000
Other Income	0	125 000	95 000	0
Revenue	404 000	125 000	99 000	114 000
Cost of Goods Sold	89 000	0	0	17 000
Salary Costs	14 000	0	0	0
Depreciation	13 000	5 000	25 000	17 000
Impairment	0	0	0	0
Expenditure	343 000	117 000	106 000	173 000
Operating Profit	60 000	8 000	−7 000	−59 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	47 000	6 000	−5 000	−46 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	29 000	42 000	44 000	42 000
Real Eastate	219 000	219 000	44 000	44 000
Machinery and Plant Facilities	0	13 000	19 000	35 000
Fixtures	0	0	0	9 000
Total Tangible Assets	219 000	233 000	63 000	88 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	248 000	275 000	107 000	130 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	16 000	40 000	49 000	50 000
Total Current Assets	18 000	43 000	55 000	50 000
Total Assets	266 000	318 000	162 000	180 000
Total Equity	−72 000	−119 000	−125 000	−119 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	25 000	0	0	1 000
Dividends	0	0	0	0
Other Current Debt	314 000	437 000	287 000	299 000
Total Current Debt	338 000	437 000	287 000	299 000
Total Equity and Debt	266 000	318 000	162 000	180 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−65,28 %	−5,04 %	4 %	38,66 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	14,85 %	6,4 %	−7,07 %	−51,75 %
Current Ratio	0,05	0,1	0,19	0,17
Quick Ratio	0,05	0,1	0,19	0,17
Equity Ratio	−0,27	−0,37	−0,77	−0,66
Gross Profit Margin	77,97 %	100 %	100 %	85,09 %