POLYNT COMPOSITES NORWAY AS

1630 GAMLE FREDRIKSTAD

Finances

Share Ownership

Return on Equity

61,75 %

Current Ratio

1,74

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	714 679 000	665 977 000	496 038 000	570 483 000
Net Income	48 328 000	42 196 000	39 491 000	9 741 000
Total Assets	192 337 000	221 061 000	186 210 000	129 493 000
Total Equity	78 260 000	104 680 000	62 945 000	22 033 000

Income (NOK)	2022	2021	2020	2019
Revenue	714 679 000	665 977 000	496 038 000	570 483 000
Expenditure	661 329 000	610 176 000	453 047 000	556 548 000
Operating Profit	53 350 000	55 801 000	42 991 000	13 936 000
Financial Income	16 480 000	8 682 000	18 939 000	4 941 000
Financial Costs	7 871 000	10 898 000	11 371 000	6 384 000
Financial Balance	8 609 000	−2 216 000	7 568 000	−1 443 000
Earnings Before Tax	61 960 000	53 585 000	50 559 000	12 493 000
Tax	13 631 000	11 389 000	11 068 000	2 752 000
Net Income	48 328 000	42 196 000	39 491 000	9 741 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 774 000	1 841 000	905 000	1 824 000
Total Current Assets	190 563 000	219 220 000	185 305 000	127 669 000
Total Assets	192 337 000	221 061 000	186 210 000	129 493 000
Total Retained Equity	48 230 000	74 650 000	62 885 000	21 973 000
Total Equity	78 260 000	104 680 000	62 945 000	22 033 000
Total Long-Term Debt	4 496 000	4 997 000	4 662 000	6 445 000
Total Current Debt	109 581 000	111 384 000	118 603 000	101 014 000
Total Equity and Debt	192 337 000	221 061 000	186 210 000	129 493 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	712 935 000	664 016 000	493 259 000	568 322 000
Other Income	1 744 000	1 961 000	2 780 000	2 161 000
Revenue	714 679 000	665 977 000	496 038 000	570 483 000
Cost of Goods Sold	505 927 000	442 825 000	312 913 000	385 853 000
Salary Costs	16 768 000	18 622 000	17 267 000	20 388 000
Depreciation	180 000	146 000	141 000	132 000
Impairment	0	0	0	0
Expenditure	661 329 000	610 176 000	453 047 000	556 548 000
Operating Profit	53 350 000	55 801 000	42 991 000	13 936 000
Financial Income	16 480 000	8 682 000	18 939 000	4 941 000
Financial Costs	7 871 000	10 898 000	11 371 000	6 384 000
Financial Balance	8 609 000	−2 216 000	7 568 000	−1 443 000
Dividends	75 200 000	0	0	0
Net Income	48 328 000	42 196 000	39 491 000	9 741 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 774 000	1 841 000	905 000	1 405 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	419 000
Total Tangible Assets	0	0	0	419 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 774 000	1 841 000	905 000	1 824 000
Stock	0	455 000	102 000	773 000
Total Investments	0	0	0	0
Cash, Bank	64 352 000	72 470 000	76 460 000	32 267 000
Total Current Assets	190 563 000	219 220 000	185 305 000	127 669 000
Total Assets	192 337 000	221 061 000	186 210 000	129 493 000
Total Equity	78 260 000	104 680 000	62 945 000	22 033 000
Short-Term Group Debt	90 120 000	93 869 000	103 009 000	94 610 000
Total Long-Term Debt	4 496 000	4 997 000	4 662 000	6 445 000
Creditors	440 000	501 000	346 000	354 000
Unpaid Taxes	1 147 000	1 058 000	1 177 000	1 498 000
Dividends	75 200 000	0	0	0
Other Current Debt	4 002 000	3 956 000	3 639 000	4 546 000
Total Current Debt	109 581 000	111 384 000	118 603 000	101 014 000
Total Equity and Debt	192 337 000	221 061 000	186 210 000	129 493 000

Financial indicators	2022	2021	2020	2019
Return on Equity	61,75 %	40,31 %	62,74 %	44,21 %
Debt-to-Equity Ratio	0,06	0,05	0,07	0,29
Operating Profit Margin	7,46 %	8,38 %	8,67 %	2,44 %
Current Ratio	1,74	1,97	1,56	1,26
Quick Ratio	1,74	1,98	1,56	1,27
Equity Ratio	0,41	0,47	0,34	0,17
Gross Profit Margin	29,21 %	33,51 %	36,92 %	32,36 %