POLARIS BIL AS

7670 INDERØY

Finances

Share Ownership

Return on Equity

−10,57 %

Current Ratio

20,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 811 000	2 018 000	1 781 000	3 682 000
Net Income	−80 000	94 000	−162 000	361 000
Total Assets	795 000	1 095 000	1 299 000	2 411 000
Total Equity	757 000	838 000	743 000	905 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 811 000	2 018 000	1 781 000	3 682 000
Expenditure	2 850 000	1 868 000	1 935 000	3 183 000
Operating Profit	−38 000	150 000	−155 000	499 000
Financial Income	0	1 000	0	0
Financial Costs	65 000	30 000	52 000	36 000
Financial Balance	−65 000	−29 000	−52 000	−36 000
Earnings Before Tax	−103 000	121 000	−207 000	463 000
Tax	−23 000	27 000	−45 000	102 000
Net Income	−80 000	94 000	−162 000	361 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	51 000	22 000	29 000	0
Total Current Assets	744 000	1 073 000	1 271 000	2 411 000
Total Assets	795 000	1 095 000	1 299 000	2 411 000
Total Retained Equity	357 000	438 000	343 000	505 000
Total Equity	757 000	838 000	743 000	905 000
Total Long-Term Debt	0	0	1 000	5 000
Total Current Debt	37 000	257 000	555 000	1 502 000
Total Equity and Debt	795 000	1 095 000	1 299 000	2 411 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 805 000	2 014 000	1 749 000	3 620 000
Other Income	6 000	4 000	32 000	62 000
Revenue	2 811 000	2 018 000	1 781 000	3 682 000
Cost of Goods Sold	2 760 000	1 809 000	1 839 000	3 111 000
Salary Costs	0	0	0	0
Depreciation	10 000	6 000	3 000	0
Impairment	0	0	0	0
Expenditure	2 850 000	1 868 000	1 935 000	3 183 000
Operating Profit	−38 000	150 000	−155 000	499 000
Financial Income	0	1 000	0	0
Financial Costs	65 000	30 000	52 000	36 000
Financial Balance	−65 000	−29 000	−52 000	−36 000
Dividends	0	0	0	0
Net Income	−80 000	94 000	−162 000	361 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	22 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	29 000	22 000	29 000	0
Total Tangible Assets	29 000	22 000	29 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	51 000	22 000	29 000	0
Stock	688 000	772 000	1 186 000	1 355 000
Total Investments	0	0	0	0
Cash, Bank	−404 000	65 000	0	0
Total Current Assets	744 000	1 073 000	1 271 000	2 411 000
Total Assets	795 000	1 095 000	1 299 000	2 411 000
Total Equity	757 000	838 000	743 000	905 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 000	5 000
Creditors	25 000	24 000	31 000	143 000
Unpaid Taxes	−8 000	−6 000	−9 000	−36 000
Dividends	0	0	0	0
Other Current Debt	20 000	213 000	19 000	511 000
Total Current Debt	37 000	257 000	555 000	1 502 000
Total Equity and Debt	795 000	1 095 000	1 299 000	2 411 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,57 %	11,22 %	−21,8 %	39,89 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	−1,35 %	7,43 %	−8,7 %	13,55 %
Current Ratio	20,11	4,18	2,29	1,61
Quick Ratio	−1,14	−2,08	−2,01	16,4
Equity Ratio	0,95	0,77	0,57	0,38
Gross Profit Margin	1,81 %	10,36 %	−3,26 %	15,51 %