POLARLYS INVEST AS

9311 BRØSTADBOTN

Finances

Share Ownership

Return on Equity

−92,11 %

Current Ratio

1,09

Debt-to-Equity Ratio

−62,75

Key figures (NOK)	2022	2021	2020	2019
Revenue	501 000	272 000	265 000	196 000
Net Income	105 000	40 000	83 000	−128 000
Total Assets	7 062 000	3 642 000	3 666 000	2 229 000
Total Equity	−114 000	−219 000	−259 000	−340 000

Income (NOK)	2022	2021	2020	2019
Revenue	501 000	272 000	265 000	196 000
Expenditure	238 000	138 000	95 000	239 000
Operating Profit	263 000	134 000	170 000	−43 000
Financial Income	0	0	0	0
Financial Costs	198 000	94 000	87 000	85 000
Financial Balance	−198 000	−94 000	−87 000	−85 000
Earnings Before Tax	65 000	40 000	83 000	−128 000
Tax	−40 000	0	0	0
Net Income	105 000	40 000	83 000	−128 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 038 000	3 638 000	3 638 000	2 229 000
Total Current Assets	24 000	5 000	28 000	0
Total Assets	7 062 000	3 642 000	3 666 000	2 229 000
Total Retained Equity	−144 000	−249 000	−289 000	−370 000
Total Equity	−114 000	−219 000	−259 000	−340 000
Total Long-Term Debt	7 153 000	1 719 000	1 799 000	1 883 000
Total Current Debt	22 000	2 142 000	2 126 000	686 000
Total Equity and Debt	7 062 000	3 642 000	3 666 000	2 229 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	501 000	272 000	265 000	196 000
Revenue	501 000	272 000	265 000	196 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	4 000	0	0	0
Impairment	0	0	0	0
Expenditure	238 000	138 000	95 000	239 000
Operating Profit	263 000	134 000	170 000	−43 000
Financial Income	0	0	0	0
Financial Costs	198 000	94 000	87 000	85 000
Financial Balance	−198 000	−94 000	−87 000	−85 000
Dividends	0	0	0	0
Net Income	105 000	40 000	83 000	−128 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	40 000	0	0	0
Real Eastate	6 963 000	3 638 000	3 638 000	2 229 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	35 000	0	0	0
Total Tangible Assets	6 998 000	3 638 000	3 638 000	2 229 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 038 000	3 638 000	3 638 000	2 229 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	22 000	5 000	28 000	0
Total Current Assets	24 000	5 000	28 000	0
Total Assets	7 062 000	3 642 000	3 666 000	2 229 000
Total Equity	−114 000	−219 000	−259 000	−340 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 153 000	1 719 000	1 799 000	1 883 000
Creditors	19 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	3 000	2 142 000	2 126 000	686 000
Total Current Debt	22 000	2 142 000	2 126 000	686 000
Total Equity and Debt	7 062 000	3 642 000	3 666 000	2 229 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−92,11 %	−18,26 %	−32,05 %	37,65 %
Debt-to-Equity Ratio	−62,75	−7,85	−6,95	−5,54
Operating Profit Margin	52,5 %	49,26 %	64,15 %	−21,94 %
Current Ratio	1,09	0	0,01	0
Quick Ratio	1,09	0	0,01	0
Equity Ratio	−0,02	−0,06	−0,07	−0,15
Gross Profit Margin	100 %	100 %	100 %	100 %