XPOLAR AS

9170 LONGYEARBYEN

Finances

Share Ownership

Return on Equity

−61,05 %

Current Ratio

0,14

Debt-to-Equity Ratio

5,64

Key figures (NOK)	2022	2021	2020	2019
Revenue	340 000	35 000	193 000	858 000
Net Income	−268 000	−457 000	−383 000	242 000
Total Assets	3 809 000	3 906 000	4 269 000	4 790 000
Total Equity	439 000	707 000	1 164 000	1 617 000

Income (NOK)	2022	2021	2020	2019
Revenue	340 000	35 000	193 000	858 000
Expenditure	484 000	379 000	516 000	486 000
Operating Profit	−144 000	−345 000	−323 000	372 000
Financial Income	1 000	1 000	3 000	0
Financial Costs	126 000	113 000	133 000	130 000
Financial Balance	−125 000	−112 000	−130 000	−130 000
Earnings Before Tax	−268 000	−457 000	−453 000	242 000
Tax	0	0	−70 000	0
Net Income	−268 000	−457 000	−383 000	242 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 685 000	3 904 000	4 126 000	4 561 000
Total Current Assets	125 000	2 000	143 000	229 000
Total Assets	3 809 000	3 906 000	4 269 000	4 790 000
Total Retained Equity	−854 000	−585 000	−128 000	324 000
Total Equity	439 000	707 000	1 164 000	1 617 000
Total Long-Term Debt	2 474 000	2 744 000	2 961 000	3 140 000
Total Current Debt	896 000	454 000	143 000	33 000
Total Equity and Debt	3 809 000	3 906 000	4 269 000	4 790 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	340 000	35 000	193 000	858 000
Revenue	340 000	35 000	193 000	858 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	220 000	221 000	290 000	286 000
Impairment	0	0	0	0
Expenditure	484 000	379 000	516 000	486 000
Operating Profit	−144 000	−345 000	−323 000	372 000
Financial Income	1 000	1 000	3 000	0
Financial Costs	126 000	113 000	133 000	130 000
Financial Balance	−125 000	−112 000	−130 000	−130 000
Dividends	0	0	0	0
Net Income	−268 000	−457 000	−383 000	242 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 615 000	3 692 000	3 771 000	3 852 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	70 000	212 000	355 000	709 000
Total Tangible Assets	3 685 000	3 904 000	4 126 000	4 561 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 685 000	3 904 000	4 126 000	4 561 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	125 000	2 000	103 000	217 000
Total Current Assets	125 000	2 000	143 000	229 000
Total Assets	3 809 000	3 906 000	4 269 000	4 790 000
Total Equity	439 000	707 000	1 164 000	1 617 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 474 000	2 744 000	2 961 000	3 140 000
Creditors	36 000	28 000	24 000	33 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	860 000	426 000	120 000	0
Total Current Debt	896 000	454 000	143 000	33 000
Total Equity and Debt	3 809 000	3 906 000	4 269 000	4 790 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−61,05 %	−64,64 %	−32,9 %	14,97 %
Debt-to-Equity Ratio	5,64	3,88	2,54	1,94
Operating Profit Margin	−42,35 %	−985,71 %	−167,36 %	43,36 %
Current Ratio	0,14	0	1	6,94
Quick Ratio	0,14	0	1	6,94
Equity Ratio	0,12	0,18	0,27	0,34
Gross Profit Margin	100 %	100 %	100 %	100 %