POLAR TRUST HOLDING AS

0367 OSLO

Finances

Return on Equity

46,1 %

Current Ratio

0,6

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−254 000	−117 000	−94 000	−89 000
Total Assets	5 212 000	5 139 000	1 666 000	1 639 000
Total Equity	−551 000	−297 000	−180 000	−86 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	0	0	0	0
Operating Profit	0	0	0	0
Financial Income	1 000	0	0	0
Financial Costs	326 000	151 000	121 000	113 000
Financial Balance	−325 000	−151 000	−121 000	−113 000
Earnings Before Tax	−325 000	−150 000	−121 000	−113 000
Tax	−72 000	−33 000	−27 000	−24 000
Net Income	−254 000	−117 000	−94 000	−89 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 769 000	3 138 000	1 665 000	1 638 000
Total Current Assets	3 442 000	2 001 000	1 000	1 000
Total Assets	5 212 000	5 139 000	1 666 000	1 639 000
Total Retained Equity	−601 000	−347 000	−230 000	−136 000
Total Equity	−551 000	−297 000	−180 000	−86 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 763 000	5 436 000	1 846 000	1 725 000
Total Equity and Debt	5 212 000	5 139 000	1 666 000	1 639 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	0	0	0	0
Operating Profit	0	0	0	0
Financial Income	1 000	0	0	0
Financial Costs	326 000	151 000	121 000	113 000
Financial Balance	−325 000	−151 000	−121 000	−113 000
Dividends	0	0	0	0
Net Income	−254 000	−117 000	−94 000	−89 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	169 000	98 000	65 000	38 000
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	1 600 000	3 040 000	1 600 000	1 600 000
Total Fixed Assets	1 769 000	3 138 000	1 665 000	1 638 000
Stock	0	0	0	0
Total Investments	1 440 000	0	0	0
Cash, Bank	2 002 000	2 001 000	1 000	1 000
Total Current Assets	3 442 000	2 001 000	1 000	1 000
Total Assets	5 212 000	5 139 000	1 666 000	1 639 000
Total Equity	−551 000	−297 000	−180 000	−86 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	5 763 000	5 436 000	1 846 000	1 725 000
Total Current Debt	5 763 000	5 436 000	1 846 000	1 725 000
Total Equity and Debt	5 212 000	5 139 000	1 666 000	1 639 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,1 %	39,39 %	52,22 %	103,49 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	-	-	-	-
Current Ratio	0,6	0,37	0	0
Quick Ratio	0,6	0,37	0	0
Equity Ratio	−0,11	−0,06	−0,11	−0,05
Gross Profit Margin	-	-	-	-