POLYGON AS

1188 OSLO

Finances

Share Ownership

Return on Equity

−482,46 %

Current Ratio

0,99

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	637 441 000	575 675 000	569 416 000	607 446 000
Net Income	−40 445 000	−28 179 000	−16 988 000	−20 907 000
Total Assets	163 657 000	153 308 000	177 263 000	174 557 000
Total Equity	8 383 000	4 006 000	32 185 000	11 827 000

Income (NOK)	2022	2021	2020	2019
Revenue	637 441 000	575 675 000	569 416 000	607 446 000
Expenditure	663 935 000	606 748 000	583 912 000	619 182 000
Operating Profit	−26 494 000	−31 073 000	−14 496 000	−11 736 000
Financial Income	127 000	37 000	54 000	58 000
Financial Costs	4 845 000	137 000	4 214 000	7 135 000
Financial Balance	−4 718 000	−100 000	−4 160 000	−7 077 000
Earnings Before Tax	−31 212 000	−31 173 000	−18 656 000	−18 813 000
Tax	9 233 000	−2 994 000	−1 668 000	2 094 000
Net Income	−40 445 000	−28 179 000	−16 988 000	−20 907 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 153 000	33 972 000	31 122 000	38 171 000
Total Current Assets	153 504 000	119 336 000	146 141 000	136 386 000
Total Assets	163 657 000	153 308 000	177 263 000	174 557 000
Total Retained Equity	−115 067 000	−59 444 000	−31 265 000	−11 623 000
Total Equity	8 383 000	4 006 000	32 185 000	11 827 000
Total Long-Term Debt	904 000	1 084 000	29 565 000	29 745 000
Total Current Debt	154 370 000	148 218 000	115 513 000	132 985 000
Total Equity and Debt	163 657 000	153 308 000	177 263 000	174 557 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	636 712 000	575 650 000	569 265 000	607 173 000
Other Income	729 000	25 000	151 000	273 000
Revenue	637 441 000	575 675 000	569 416 000	607 446 000
Cost of Goods Sold	259 117 000	223 183 000	233 990 000	267 068 000
Salary Costs	258 820 000	251 798 000	231 294 000	233 595 000
Depreciation	9 647 000	8 963 000	9 591 000	10 226 000
Impairment	0	0	0	0
Expenditure	663 935 000	606 748 000	583 912 000	619 182 000
Operating Profit	−26 494 000	−31 073 000	−14 496 000	−11 736 000
Financial Income	127 000	37 000	54 000	58 000
Financial Costs	4 845 000	137 000	4 214 000	7 135 000
Financial Balance	−4 718 000	−100 000	−4 160 000	−7 077 000
Dividends	0	0	0	0
Net Income	−40 445 000	−28 179 000	−16 988 000	−20 907 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	5 875 000	11 163 000	16 452 000
Total Intangible Assets	0	15 108 000	17 402 000	20 773 000
Real Eastate	603 000	648 000	693 000	738 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	9 550 000	9 216 000	10 527 000	12 660 000
Total Tangible Assets	10 153 000	9 864 000	11 220 000	13 398 000
Total Fiancial Fixed Assets	0	9 000 000	2 500 000	4 000 000
Total Fixed Assets	10 153 000	33 972 000	31 122 000	38 171 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	32 000	186 000	61 948 000	2 593 000
Total Current Assets	153 504 000	119 336 000	146 141 000	136 386 000
Total Assets	163 657 000	153 308 000	177 263 000	174 557 000
Total Equity	8 383 000	4 006 000	32 185 000	11 827 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	904 000	1 084 000	29 565 000	29 745 000
Creditors	62 082 000	60 617 000	49 776 000	53 887 000
Unpaid Taxes	34 210 000	25 748 000	26 118 000	26 250 000
Dividends	0	0	0	0
Other Current Debt	46 203 000	48 249 000	39 619 000	41 109 000
Total Current Debt	154 370 000	148 218 000	115 513 000	132 985 000
Total Equity and Debt	163 657 000	153 308 000	177 263 000	174 557 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−482,46 %	−703,42 %	−52,78 %	−176,77 %
Debt-to-Equity Ratio	0,11	0,27	0,92	2,52
Operating Profit Margin	−4,16 %	−5,4 %	−2,55 %	−1,93 %
Current Ratio	0,99	0,81	1,27	1,03
Quick Ratio	0,99	0,81	1,27	1,03
Equity Ratio	0,05	0,03	0,18	0,07
Gross Profit Margin	59,35 %	61,23 %	58,91 %	56,03 %