THE POLYMATH COMPANY AS

4307 SANDNES

Finances

Return on Equity

86,38 %

Current Ratio

1,91

Debt-to-Equity Ratio

0,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 310 000	203 000	239 000	123 000
Net Income	298 000	−15 000	39 000	−31 000
Total Assets	903 000	171 000	160 000	96 000
Total Equity	345 000	47 000	62 000	23 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 310 000	203 000	239 000	123 000
Expenditure	923 000	217 000	198 000	153 000
Operating Profit	388 000	−15 000	41 000	−30 000
Financial Income	0	0	0	0
Financial Costs	9 000	0	2 000	1 000
Financial Balance	−9 000	0	−2 000	−1 000
Earnings Before Tax	379 000	−15 000	40 000	−31 000
Tax	82 000	−1 000	1 000	0
Net Income	298 000	−15 000	39 000	−31 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 000	8 000	6 000	15 000
Total Current Assets	895 000	162 000	154 000	81 000
Total Assets	903 000	171 000	160 000	96 000
Total Retained Equity	285 000	−13 000	2 000	−37 000
Total Equity	345 000	47 000	62 000	23 000
Total Long-Term Debt	90 000	90 000	91 000	65 000
Total Current Debt	469 000	33 000	7 000	9 000
Total Equity and Debt	903 000	171 000	160 000	96 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 310 000	203 000	239 000	123 000
Other Income	0	0	0	0
Revenue	1 310 000	203 000	239 000	123 000
Cost of Goods Sold	360 000	155 000	76 000	16 000
Salary Costs	316 000	0	0	0
Depreciation	0	6 000	9 000	9 000
Impairment	0	0	0	0
Expenditure	923 000	217 000	198 000	153 000
Operating Profit	388 000	−15 000	41 000	−30 000
Financial Income	0	0	0	0
Financial Costs	9 000	0	2 000	1 000
Financial Balance	−9 000	0	−2 000	−1 000
Dividends	0	0	0	0
Net Income	298 000	−15 000	39 000	−31 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	6 000	15 000
Total Tangible Assets	0	0	6 000	15 000
Total Fiancial Fixed Assets	8 000	8 000	0	0
Total Fixed Assets	8 000	8 000	6 000	15 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	633 000	150 000	144 000	78 000
Total Current Assets	895 000	162 000	154 000	81 000
Total Assets	903 000	171 000	160 000	96 000
Total Equity	345 000	47 000	62 000	23 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	90 000	90 000	91 000	65 000
Creditors	68 000	4 000	7 000	2 000
Unpaid Taxes	290 000	29 000	0	7 000
Dividends	0	0	0	0
Other Current Debt	29 000	0	0	0
Total Current Debt	469 000	33 000	7 000	9 000
Total Equity and Debt	903 000	171 000	160 000	96 000

Financial indicators	2022	2021	2020	2019
Return on Equity	86,38 %	−31,91 %	62,9 %	−134,78 %
Debt-to-Equity Ratio	0,26	1,91	1,47	2,83
Operating Profit Margin	29,62 %	−7,39 %	17,15 %	−24,39 %
Current Ratio	1,91	4,91	22	9
Quick Ratio	1,91	4,91	22	9
Equity Ratio	0,38	0,27	0,39	0,24
Gross Profit Margin	72,52 %	23,65 %	68,2 %	86,99 %