POLAR BEAR COFFEE ROASTERS AS

7010 TRONDHEIM

Finances

Share Ownership

Return on Equity

81,01 %

Current Ratio

20,6

Debt-to-Equity Ratio

4,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	354 000	302 000	177 000	65 000
Net Income	64 000	3 000	−81 000	11 000
Total Assets	458 000	479 000	485 000	594 000
Total Equity	79 000	15 000	12 000	29 000

Income (NOK)	2022	2021	2020	2019
Revenue	354 000	302 000	177 000	65 000
Expenditure	274 000	275 000	267 000	50 000
Operating Profit	79 000	28 000	−89 000	14 000
Financial Income	0	0	1 000	0
Financial Costs	11 000	12 000	13 000	0
Financial Balance	−11 000	−12 000	−12 000	0
Earnings Before Tax	69 000	16 000	−101 000	14 000
Tax	4 000	13 000	−21 000	3 000
Net Income	64 000	3 000	−81 000	11 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	148 000	137 000	171 000	220 000
Total Current Assets	309 000	343 000	314 000	375 000
Total Assets	458 000	479 000	485 000	594 000
Total Retained Equity	49 000	−15 000	−18 000	−1 000
Total Equity	79 000	15 000	12 000	29 000
Total Long-Term Debt	364 000	439 000	456 000	3 000
Total Current Debt	15 000	25 000	18 000	562 000
Total Equity and Debt	458 000	479 000	485 000	594 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	354 000	302 000	177 000	65 000
Other Income	0	0	0	0
Revenue	354 000	302 000	177 000	65 000
Cost of Goods Sold	141 000	168 000	158 000	5 000
Salary Costs	0	0	0	0
Depreciation	66 000	50 000	49 000	24 000
Impairment	0	0	0	0
Expenditure	274 000	275 000	267 000	50 000
Operating Profit	79 000	28 000	−89 000	14 000
Financial Income	0	0	1 000	0
Financial Costs	11 000	12 000	13 000	0
Financial Balance	−11 000	−12 000	−12 000	0
Dividends	0	0	0	0
Net Income	64 000	3 000	−81 000	11 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	131 000	122 000	171 000	220 000
Fixtures	12 000	15 000	0	0
Total Tangible Assets	143 000	137 000	171 000	220 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	148 000	137 000	171 000	220 000
Stock	182 000	96 000	26 000	112 000
Total Investments	0	0	0	0
Cash, Bank	18 000	219 000	158 000	108 000
Total Current Assets	309 000	343 000	314 000	375 000
Total Assets	458 000	479 000	485 000	594 000
Total Equity	79 000	15 000	12 000	29 000
Short-Term Group Debt	0	0	2 000	500 000
Total Long-Term Debt	364 000	439 000	456 000	3 000
Creditors	4 000	6 000	6 000	0
Unpaid Taxes	1 000	7 000	10 000	5 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	57 000
Total Current Debt	15 000	25 000	18 000	562 000
Total Equity and Debt	458 000	479 000	485 000	594 000

Financial indicators	2022	2021	2020	2019
Return on Equity	81,01 %	20 %	−675 %	37,93 %
Debt-to-Equity Ratio	4,61	29,27	38	0,1
Operating Profit Margin	22,32 %	9,27 %	−50,28 %	21,54 %
Current Ratio	20,6	13,72	17,44	0,67
Quick Ratio	−1,85	−4,83	−39,25	0,83
Equity Ratio	0,17	0,03	0,02	0,05
Gross Profit Margin	60,17 %	44,37 %	10,73 %	92,31 %