POLARDEKK AS

8622 MO I RANA

Finances

Return on Equity

46,78 %

Current Ratio

2,6

Debt-to-Equity Ratio

1,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 240 000	5 238 000	5 534 000	5 084 000
Net Income	574 000	−31 000	207 000	276 000
Total Assets	3 864 000	3 900 000	3 863 000	3 215 000
Total Equity	1 227 000	921 000	799 000	469 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 240 000	5 238 000	5 534 000	5 084 000
Expenditure	6 332 000	5 172 000	5 149 000	4 638 000
Operating Profit	909 000	67 000	385 000	447 000
Financial Income	0	0	0	0
Financial Costs	173 000	106 000	120 000	151 000
Financial Balance	−173 000	−106 000	−120 000	−151 000
Earnings Before Tax	736 000	−39 000	266 000	296 000
Tax	162 000	−9 000	58 000	20 000
Net Income	574 000	−31 000	207 000	276 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 263 000	1 525 000	1 802 000	1 389 000
Total Current Assets	2 601 000	2 376 000	2 060 000	1 826 000
Total Assets	3 864 000	3 900 000	3 863 000	3 215 000
Total Retained Equity	653 000	346 000	377 000	169 000
Total Equity	1 227 000	921 000	799 000	469 000
Total Long-Term Debt	1 636 000	2 287 000	2 251 000	2 332 000
Total Current Debt	1 001 000	692 000	813 000	413 000
Total Equity and Debt	3 864 000	3 900 000	3 863 000	3 215 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 200 000	5 238 000	5 534 000	5 084 000
Other Income	40 000	0	0	0
Revenue	7 240 000	5 238 000	5 534 000	5 084 000
Cost of Goods Sold	2 903 000	2 160 000	2 368 000	2 362 000
Salary Costs	861 000	810 000	832 000	678 000
Depreciation	262 000	278 000	237 000	179 000
Impairment	0	0	0	0
Expenditure	6 332 000	5 172 000	5 149 000	4 638 000
Operating Profit	909 000	67 000	385 000	447 000
Financial Income	0	0	0	0
Financial Costs	173 000	106 000	120 000	151 000
Financial Balance	−173 000	−106 000	−120 000	−151 000
Dividends	0	0	0	0
Net Income	574 000	−31 000	207 000	276 000

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	1 258 000	1 520 000	1 797 000	1 384 000
Total Tangible Assets	1 258 000	1 520 000	1 797 000	1 384 000
Total Fiancial Fixed Assets	5 000	5 000	5 000	5 000
Total Fixed Assets	1 263 000	1 525 000	1 802 000	1 389 000
Stock	1 030 000	1 131 000	788 000	663 000
Total Investments	0	0	0	0
Cash, Bank	10 000	37 000	38 000	22 000
Total Current Assets	2 601 000	2 376 000	2 060 000	1 826 000
Total Assets	3 864 000	3 900 000	3 863 000	3 215 000
Total Equity	1 227 000	921 000	799 000	469 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 636 000	2 287 000	2 251 000	2 332 000
Creditors	248 000	123 000	115 000	105 000
Unpaid Taxes	216 000	139 000	138 000	136 000
Dividends	0	0	0	0
Other Current Debt	453 000	99 000	320 000	86 000
Total Current Debt	1 001 000	692 000	813 000	413 000
Total Equity and Debt	3 864 000	3 900 000	3 863 000	3 215 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,78 %	−3,37 %	25,91 %	58,85 %
Debt-to-Equity Ratio	1,33	2,48	2,82	4,97
Operating Profit Margin	12,56 %	1,28 %	6,96 %	8,79 %
Current Ratio	2,6	3,43	2,53	4,42
Quick Ratio	−89,69	−5,41	82,4	−7,3
Equity Ratio	0,32	0,24	0,21	0,15
Gross Profit Margin	59,9 %	58,76 %	57,21 %	53,54 %