POLARS CONSULTING AS

1364 FORNEBU

Finances

Return on Equity

−18,62 %

Current Ratio

11,52

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	49 000	52 000	64 000	0
Net Income	−208 000	−28 000	−10 000	−9 000
Total Assets	1 189 000	2 480 000	361 000	19 000
Total Equity	1 117 000	2 413 000	361 000	21 000

Income (NOK)	2022	2021	2020	2019
Revenue	49 000	52 000	64 000	0
Expenditure	65 000	80 000	73 000	9 000
Operating Profit	−16 000	−28 000	−10 000	−9 000
Financial Income	0	0	0	0
Financial Costs	192 000	0	0	0
Financial Balance	−192 000	0	0	0
Earnings Before Tax	−208 000	−28 000	−10 000	−9 000
Tax	0	0	0	0
Net Income	−208 000	−28 000	−10 000	−9 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	348 000	348 000	348 000	0
Total Current Assets	841 000	2 132 000	13 000	19 000
Total Assets	1 189 000	2 480 000	361 000	19 000
Total Retained Equity	0	0	0	0
Total Equity	1 117 000	2 413 000	361 000	21 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	73 000	67 000	0	−2 000
Total Equity and Debt	1 189 000	2 480 000	361 000	19 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	49 000	52 000	64 000	0
Other Income	0	0	0	0
Revenue	49 000	52 000	64 000	0
Cost of Goods Sold	0	21 000	63 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	65 000	80 000	73 000	9 000
Operating Profit	−16 000	−28 000	−10 000	−9 000
Financial Income	0	0	0	0
Financial Costs	192 000	0	0	0
Financial Balance	−192 000	0	0	0
Dividends	0	0	0	0
Net Income	−208 000	−28 000	−10 000	−9 000

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	348 000	348 000	348 000	0
Total Fixed Assets	348 000	348 000	348 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	823 000	2 100 000	5 000	9 000
Total Current Assets	841 000	2 132 000	13 000	19 000
Total Assets	1 189 000	2 480 000	361 000	19 000
Total Equity	1 117 000	2 413 000	361 000	21 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	8 000	0	0	0
Unpaid Taxes	0	0	0	−2 000
Dividends	0	0	0	0
Other Current Debt	65 000	67 000	0	0
Total Current Debt	73 000	67 000	0	−2 000
Total Equity and Debt	1 189 000	2 480 000	361 000	19 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−18,62 %	−1,16 %	−2,77 %	−42,86 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−32,65 %	−53,85 %	−15,63 %	-
Current Ratio	11,52	31,82	-	−9,5
Quick Ratio	11,52	31,82	-	−9,5
Equity Ratio	0,94	0,97	1	1,11
Gross Profit Margin	100 %	59,62 %	1,56 %	-