POLAR NÆRINGSMEGLING AS

8006 BODØ

Finances

Share Ownership

Return on Equity

−393,88 %

Current Ratio

0,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	703 000	352 000	423 000	506 000
Net Income	−193 000	−194 000	117 000	14 000
Total Assets	523 000	852 000	635 000	374 000
Total Equity	49 000	242 000	436 000	319 000

Income (NOK)	2022	2021	2020	2019
Revenue	703 000	352 000	423 000	506 000
Expenditure	842 000	535 000	268 000	488 000
Operating Profit	−139 000	−183 000	155 000	19 000
Financial Income	0	0	0	0
Financial Costs	54 000	11 000	1 000	1 000
Financial Balance	−54 000	−11 000	−1 000	−1 000
Earnings Before Tax	−193 000	−194 000	154 000	18 000
Tax	0	0	37 000	4 000
Net Income	−193 000	−194 000	117 000	14 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	376 000	97 000	86 000	0
Total Current Assets	147 000	755 000	549 000	374 000
Total Assets	523 000	852 000	635 000	374 000
Total Retained Equity	−181 000	12 000	206 000	89 000
Total Equity	49 000	242 000	436 000	319 000
Total Long-Term Debt	0	0	0	2 000
Total Current Debt	474 000	610 000	200 000	54 000
Total Equity and Debt	523 000	852 000	635 000	374 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	574 000	352 000	423 000	506 000
Other Income	129 000	0	0	0
Revenue	703 000	352 000	423 000	506 000
Cost of Goods Sold	0	0	0	0
Salary Costs	120 000	30 000	3 000	329 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	842 000	535 000	268 000	488 000
Operating Profit	−139 000	−183 000	155 000	19 000
Financial Income	0	0	0	0
Financial Costs	54 000	11 000	1 000	1 000
Financial Balance	−54 000	−11 000	−1 000	−1 000
Dividends	0	0	0	0
Net Income	−193 000	−194 000	117 000	14 000

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	376 000	97 000	86 000	0
Total Fixed Assets	376 000	97 000	86 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	20 000	26 000	46 000	22 000
Total Current Assets	147 000	755 000	549 000	374 000
Total Assets	523 000	852 000	635 000	374 000
Total Equity	49 000	242 000	436 000	319 000
Short-Term Group Debt	0	19 000	50 000	0
Total Long-Term Debt	0	0	0	2 000
Creditors	70 000	95 000	20 000	0
Unpaid Taxes	1 000	119 000	91 000	0
Dividends	0	0	0	0
Other Current Debt	103 000	77 000	0	50 000
Total Current Debt	474 000	610 000	200 000	54 000
Total Equity and Debt	523 000	852 000	635 000	374 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−393,88 %	−80,17 %	26,83 %	4,39 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	−19,77 %	−51,99 %	36,64 %	3,75 %
Current Ratio	0,31	1,24	2,75	6,93
Quick Ratio	0,31	1,24	2,75	6,93
Equity Ratio	0,09	0,28	0,69	0,85
Gross Profit Margin	100 %	100 %	100 %	100 %